RBC Capital upgraded Qoria (FMZNF) to Outperform from Sector Perform with a A$0.50 price target as the firm resumed coverage of the stock following a period of restriction. Qoria has achieved multiple financial and operational milestones since the firm last published, which de-risk RBC’s prior thesis and increase its confidence in the growth outlook for the business, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FMZNF: