tiprankstipranks
Boyd Group Services downgraded to Sector Perform from Outperform at Scotiabank
The Fly

Boyd Group Services downgraded to Sector Perform from Outperform at Scotiabank

Scotiabank analyst Michael Doumet downgraded Boyd Group Services to Sector Perform from Outperform with a price target of C$230, up from C$225. While the firm expects a continued margin recovery, it believes the shares have already priced-in 100 to 200 basis points of that expansion beyond Q4 and it is less optimistic in the company’s ability to raise margins back to pre-pandemic levels through the firm’s forecast horizon.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on BYDGF:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles