Barclays raised the firm’s price target on Bank of Montreal (BMO) to C$181 from C$177 and keeps an Equal Weight rating on the shares post the fiscal Q4 report. The company’s adjusted earnings exceeded consensus estimates on better than expected credit losses and fees, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMO:
- Balanced Risk and Reward: Ebrahim Poonawala’s Hold Rating on Bank of Montreal
- Bank of Montreal: Hold Rating Amid Mixed Earnings Quality and Credit Risks
- BMO Financial Group Reports Strong Fiscal 2025 Results
- RY, BMO, TD: Canada’s Banks Raise Their Dividends
- Strong Financial Performance and Strategic Positioning Drive Buy Rating for Bank of Montreal