CIBC downgraded AutoCanada (AOCIF) to Neutral from Outperformer with a price target of C$20, down from C$34. Following “disappointing” Q4 results and an outlook that indicates a longer timeline to recovery, the firm lowered its 2026 EBITDA forecast by 24%, the analyst tells investors.
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Read More on AOCIF:
- AutoCanada downgraded to Neutral from Outperformer at CIBC
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