Scotiabank Maintains Sector Perform on Empire Co, Lowers Price Target to C$48
Scotiabank analyst John Zamparo maintains Empire Co (TSX:EMP) with a Sector Perform and lowers the price target from C$50 to C$48.
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Why It Matters
A bank's analyst thinks Empire Co is average compared to other companies and believes the stock is worth a bit less than before. When experts lower their price targets, it hints they see smaller profits or slower growth coming ahead.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.