National Bank analyst Adam Shine downgraded Corus Entertainment to Underperform from Sector Perform with a price target of C$1.30, down from C$2. The analyst cites weak TV advertising sales and the unknown effects from the strikes for the downgrade.
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>>
See the top stocks recommended by analysts >>
Read More on CJREF: