RBC Capital upgraded Power Corporation (PWCDF) to Outperform from Sector Perform with a price target of C$73, up from C$69. The firm views the post-earnings selloff as overdone given the complaint’s “solid position.”
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Read More on PWCDF:
- Power Corporation price target lowered to C$69 from C$71 at BMO Capital
- Limited Upside and Persistent Holding-Company Discount Support Hold Rating on Power Corp.
- POW Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Power Corporation price target raised to C$74 from C$73 at TD Securities
- Power Corporation price target raised to C$79 from C$78 at Desjardins