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Scotiabank price target raised to C$90 from C$87 at Canaccord

Canaccord raised the firm’s price target on Scotiabank (BNS) to C$90 from C$87 and keeps a Buy rating on the shares. The firm said they delievered an earnings beat on the back of solid credit and fee-based revenue growth. Canaccord said they were impressed by the firm’s overall performance and view the quarter as a step in the right direction for BNS’ primacy strategy.

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