Scotiabank upgraded Loblaw (LBLCF) to Outperform from Sector Perform with a price target of C$215, up from C$190. The company offers investors “perhaps the most tariff-resistant business” in Canada retailing and consumer products, and the recent pullback offers an appropriate time to buy, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LBLCF: