BMO Capital analyst Sohrab Movahedi downgraded Canadian Western Bank to Market Perform from Outperform with a price target of C$52, up from C$35, after the company agreed to be acquired by National Bank of Canada in an all-stock transaction.
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- National Bank Expands with Canadian Western Bank Buyout
- Canadian Western Bank price target lowered to C$30 from C$34 at CIBC
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- Canadian Western Bank price target lowered to C$30 from C$32 at Scotiabank
- Canadian Western downgraded to Sector Perform from Outperform at RBC Capital