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Goeasy upgraded to Outperform from Market Perform at BMO Capital

Goeasy upgraded to Outperform from Market Perform at BMO Capital

BMO Capital upgraded Goeasy (EHMEF) to Outperform from Market Perform with a price target of C$200, down from C$207. Goeasy trades at trough multiples on tariff-scenario earnings, effectively fully pricing-in downside risk from a prolonged trade war, the analyst tells investors in a research note. The firm added that the risk/reward now looks highly favorable and notes the +46% return to the new price target already factors in margins of safety on valuation multiples and earnings.

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