BofA raised the firm’s price target on Bank of Montreal (BMO) to $132 from $127 and keeps a Neutral rating on the shares. The bank reported a Q4 beat, but it was “not enough to reverse recent stock underperformance,” the analyst tells investors. Following the report, the firm raised its FY26 and FY27 EPS estimates on higher fee income and modestly higher share repurchases.
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