TD Securities analyst Aaron MacNeil downgraded Superior Plus (SUUIF) to Hold from Buy with a price target of C$7, down from C$8.50. There have been “too many negative surprises recently” and the firm now views its prior upgrade to Buy with Q3 results as “premature,” says the analyst, who is moving to Hold until the firm sees a multi-quarter trend of meeting expectations.
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Read More on SUUIF:
- Superior Plus downgraded to Market Perform from Outperform at Raymond James
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- Superior Plus price target lowered to C$7 from C$8.50 at TD Securities
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- Superior Plus downgraded to Market Perform from Outperform at BMO Capital