First Quantum Minerals (TSE:FM – Get Free Report) had its price objective dropped by investment analysts at CIBC from C$15.00 to C$14.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage presently has a “neutral” rating on the stock. CIBC’s price target points to a potential upside of 19.25% from the stock’s previous close. […]
Manulife Financial (TSE:MFC – Free Report) (NYSE:MFC) had its target price lifted by CIBC from C$30.00 to C$34.00 in a report released on Friday morning, BayStreet.CA reports. CIBC currently has a neutral rating on the financial services provider’s stock. Several other research firms have also recently weighed in on MFC. BMO Capital Markets raised shares […]
CIBC upgraded shares of Mullen Group (TSE:MTL – Free Report) from a neutral rating to an outperform rating in a report issued on Friday, BayStreet.CA reports. The brokerage currently has C$17.00 target price on the stock, up from their previous target price of C$16.50. Several other brokerages have also recently issued reports on MTL. Scotiabank […]
The Insolvency and Bankruptcy Code (IBC), introduced in December 2016, provides for a time-bound and market-linked resolution of stressed assets. "The credible threat of the Code, that a CD may change hands, has changed the behaviour of debtors. Thousands of debtors are resolving distress in early stages of distress.