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goeasy Shares Downgraded to Underperform at ATB; Price Target Kept at C$35.00

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ATB Cormark Capital Markets downgraded goeasy (GSY.TO) to underperform from sector perform on Wednesday.

Analyst Jeff Fenwick maintained a C$35.00 price target on shares of the financial services company ahead of its second-quarter results on August 6.

"goeasy's share price has rallied off the lows, now near book value, which to us looks stretched given the continued challenges facing the company," Fenwick 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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