This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled Caution Regarding.
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution.
BCE was upgraded to Outperformer from Neutral at CIBC Capital Markets.
Analyst Stephanie Price maintained a price target of $52 on shares of the Canadian media and telecom company.
BCE is.
Over the past year and two weeks, Canadian telecom has seen a market cap loss of $27.5 billion for the Big 3 and $29 billion across the five stocks. BCE has been hit the hardest, followed by Telus.
BMO has downgraded BCE to Market Perform on a slower growth outlook due to competitive pressures in core wireless and wireline operations, particularly in Quebec and challenging comps in.