AutoCanada's stock downgraded to hold rating by Acumen Capital, price target reduced to C$21.50.
AutoCanada's (TSE:ACQ) stock was downgraded by Acumen Capital from a speculative buy to a hold rating, reducing the price target from C$24.50 to C$21.50. The company reported Q1 EPS of C$0.69, exceeding analysts' expectations by C$0.13. Other brokerages have varying opinions, with Scotiabank increasing its price target to C$28.00 and CIBC lowering it to C$18.00. The consensus rating is 'hold' with a target price of C$23.00.
May 07, 2024
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