TD Securities analyst Brian Morrison downgraded Aimia (AIMFF) to Hold from Buy with a C$3 price target after the company announced an agreement to sell Bozzetto.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AIMFF:
- Aimia to Sell Specialty Chemicals Unit Bozzetto to One Equity Partners for Up to CAD$271 Million
- Aimia to Sell Bozzetto Specialty Chemicals Unit to One Equity Partners for Up to CAD$271 Million
- Aimia Steps Up Share Buybacks as Management Seeks to Narrow Valuation Discount
- Aimia Accelerates Share Buybacks as Part of Value-Focused Capital Strategy