Raymond James downgraded Badger Infrastructure Solutions (BDGIF) to Market Perform from Outperform with a price target of C$72, up from C$60. The firm’s increased price target reflects both a higher target multiple and a new valuation window, but its new target leaves insufficient upside from current levels to justify an Outperform rating, the analyst tells investors in a preview for the Canadian industrial group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BDGIF:
- Badger Infrastructure Solutions Sets Date for Q3 2025 Results Release
- Badger Infrastructure Solutions price target raised to C$70 from C$63 at Stifel
- Strategic Acquisition and Expansion Propel Badger Infrastructure Solutions to a Buy Rating
- Badger Infrastructure Solutions initiated with a Buy at TD Securities
- Badger Infrastructure Solutions Renews Share Buyback Program