JPMorgan lowered the firm’s price target on AtkinsRealis (SNCAF) to C$120 from C$130 and keeps an Overweight rating on the shares. The firm updated models in the North American small-cap industrials sector. The group is “undergoing a strategic rebalance, driven by evolving market dynamics and sector-specific growth opportunities,” the analyst tells investors in a research note.
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Read More on SNCAF:
- AtkinsRéalis to Refinance $700 Million in Debt With New Unsecured Debenture Offering
- AtkinsRealis price target lowered to C$113 from C$121 at Stifel
- AtkinsRealis price target lowered to C$121 from C$123 at RBC Capital
- AtkinsRealis price target lowered to C$127 from C$130 at CIBC
- AtkinsRealis price target lowered to C$106 from C$112 at Scotiabank
