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Fly News Breaks for November 6, 2015
BCE
Nov 6, 2015 | 07:05 EDT
As reported previously, Canaccord upgraded BCE to Buy from Hold. The firm cited the company's growth in wireless network revenues, margins improvement an annual dividend that looks sustainable. Canaccord raised its price target to C$59 from C$56 on BCE shares.
News For BCE From the Last 2 Days
BCE
Apr 23, 2024 | 11:39 EDT
As previously reported, CIBC analyst Stephanie Price upgraded BCE to Outperformer from Neutral with an unchanged price target of C$52. The stock is trading at a five-year trough multiple amid heightened competitive intensity, volatile interest rates and concerns around free cash flow growth, notes the analyst. While the firm recognizes these concerns, it believes that they have been "priced into the name at these levels," the analyst tells investors.
