As previously reported, TD Securities upgraded BCE (BCE) to Buy from Hold with a price target of C$37, up from C$35. The firm has more confidence in the company’s outlook through 2028 following the investor day. BCE’s growth and balance sheet trajectory is better now relative to the past few years, the analyst tells investors in a research note. TD upgrades the shares following the recent selloff. RBC Capital also upgraded BCE this morning.
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Read More on BCE:
- BCE Inc. Hold Rating: Balancing Growth Prospects and Operational Challenges
- BCE upgraded to Outperform from Sector Perform at RBC Capital
- BCE upgraded to Buy from Hold at TD Securities
- BCE’s Strategic Shifts and Financial Projections: A Balanced Hold Rating Amid Growth and Challenges
- BCE Unveils Strategic Plan for Sustainable Growth and Shareholder Value