TD Securities upgraded Power Corporation (PWCDF) to Buy from Hold with an unchanged price target of C$74. Despite the Q4, the firm views Power Corp.’s fundamentals as “solid” and sees the selloff in shares presenting a “more attractive valuation,” the analyst tells investors.
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Read More on PWCDF:
- Power Corporation upgraded to Outperform from Sector Perform at RBC Capital
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- Power Corporation price target raised to C$74 from C$73 at TD Securities