Raymond James Financial has lowered its price target for Intact Financial (TSE:IFC) to C$310.00 from C$330.00, implying a potential upside of over 20% from its previous close. Despite this reduction, the stock maintains a “Moderate Buy” consensus rating among analysts with an average target price of C$316.82. Shares of Intact Financial reacted by falling 2.6% to C$256.80 following the report.
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Raymond James Financial Lowers Intact Financial (TSE:IFC) Price Target to C$310.00
Raymond James Financial has lowered its price target for Intact Financial (TSE:IFC) to C$310.00 from C$330.00, implying a potential upside of over 20% from its previous close. Despite this reduction, the stock maintains a “Moderate Buy” consensus rating among analysts with an average target price of C$316.82. Shares of Intact Financial reacted by falling 2.6% to C$256.80 following the report.