Corporate StrategyBMO's target is set at a new street high due to the under-priced market valuation of the Bank of the West acquisition, with a successful integration expected to provide additional upside.
Financial PerformanceManulife has investors split, but there is a belief that higher for longer interest rates should produce tailwinds for the sector.
Market OutlookCanadian banks are expected to recover any lost valuation with multiples expanding as investor sentiment becomes more positive following expected rate cuts.