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Fly News Breaks for December 17, 2015
BCE
Dec 17, 2015 | 08:21 EDT
Morgan Stanley downgraded BCE to Equal Weight from Overweight citing valuation.
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.
