Barclays analyst Lauren Bonham upgraded BCE (BCE) to Equal Weight from Underweight with a price target of $26, up from $21. The Canadian telecom competitive environment continues to show positive momentum, the analyst tells investors in a research note. However, the firm believes structural headwinds will continue weigh on growth. It upgrades BCE as part of a Q4 earnings preview.
Claim 50% Off TipRanks Premium
- 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 BCE:
