National Bank analyst Maxim Sytchev downgraded Toromont Industries (TMTNF) to Sector Perform from Outperform with a C$135 price target The firm says the company’s “premium multiple” is at odds with expected pricing-driven margin compression.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TMTNF:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue