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Analysts raised Cogeco's price target after strong Q4 results, boosting its stock to C$73.69.
Analysts at TD Securities and National Bankshares raised their price targets for Cogeco Communications, citing strong Q4 results with earnings of C$2.11 per share and revenue of C$707.25 million.
The stock rose to C$73.69 on Friday, supported by higher-than-average volume.
CIBC also upgraded its outlook for Cogeco, noting improved performance and a current stock price of C$72.11.
Despite varying target prices and analyst ratings, the company continues to operate in Canadian and U.S. broadband markets, offering internet, video, and telephony services.
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Los analistas elevaron el precio objetivo de Cogeco después de los fuertes resultados del cuarto trimestre, impulsando su acción a C $ 73.69.