Scotiabank resumed coverage of Cascades with a Sector Perform rating and C$13.50 price target. The analyst sees downside risk to containerboard margins in the first half of 2024 as low operating rates limit pricing power.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CADNF:
- Cascades price target lowered to C$13.50 from C$14.50 at National Bank
- Cascades price target lowered to C$14 from C$16 at TD Securities
- CIBC says Cascades ‘back in penalty box,’ downgrades to Neutral
- Cascades downgraded to Neutral from Outperformer at CIBC
- Cascades downgraded to Sector Perform from Outperform at RBC Capital
