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Quebecor Price Target Raised By $4 at RBC
RBC Capital Markets raised its price target on Quebecor Inc. (QBR-B.TO) to $64 from $60.Analyst Drew McReynolds maintained a Sector Perform rating on shares of the Canadian diversified media and telecom company following its quarterly results on Thursday.The stock rose $4.49, or 7.8%, to $62.07 on the Toronto Stock Exchange."Q1/26 financial results for Telecommunications were ahead of our forecast reflecting an ongoing healthy balance of growth and profitability," McReynolds said in a note to clients."While the bar of expectations at current valuation in our view is now notably higher, a more constructive pricing environment (for the most part) combined with steady execution on a variety of tactical initiatives and cost-efficiencies should enable this bar to be met as 2026 progresses," the analyst said.(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://www..com/contact-us)
DA Davidson Initiates Coverage on CNB Financial With Neutral Rating, $34 Price Target
CNB Financial (CCNE) has an average rating of overweight and mean price target of $34.50, according to analysts polled by FactSet.(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://www..com/contact-us)
Stifel Upgrades RXO to Buy From Hold, Price Target is $22
RXO (RXO) has an average rating of hold and mean price target of $21.27, according to analysts polled by FactSet.(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://www..com/contact-us)