RBC Capital upgraded BCE (BCE) to Outperform from Sector Perform with a price target of C$37, up from C$35, following the investor day. The firm sees an improving growth and risk profile for the stock following the company’s outlook through 2028. Current share levels offer an attractive entry point into BCE’s “gradual and sustained” revenue and EBITDA growth reacceleration, which begins in 2026, the analyst tells investors in a research note.
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