National Bank raised the firm’s price target on Tricon Residential to C$15.17 from C$11 and adjusted the firm’s rating to Tender from Sector Perform, following the news that Tricon is being acquired by Blackstone.
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Read More on TCN:
- Tricon Residential downgraded to Peer Perform from Outperform at Wolfe Research
- Tricon Residential downgraded to Neutral from Buy at Citi
- Tricon Residential downgraded to Market Perform from Strong Buy at Raymond James
- Tricon Residential acquired by Blackstone for $11.25 per share in cash
- Tricon Residential downgraded to Market Perform from Outperform at BMO Capital