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Canadian Tire Price Target Raised to C$230 at RBC

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RBC Capital Markets raised its price target on Canadian Tire Corp. (CTC-A.TO) to C$230 from C$218.

Analyst Irene Nattel maintained an outperform rating on shares of the Canadian retailer following its Q2 results.

"Despite tough comps and uncooperative weather, underlying trends confirm CTC's adapted offering resonating with Canadians," Nattel said in a note to clients.

(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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