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Inside the Market’s roundup of some of today’s key analyst actions
Ahead of the start of first-quarter reporting season for Canadian banks next week, Canaccord Genuity analyst Scott Chan raised his earnings per share expectations by 3 per cent, citing “better credit conditions and continued tailwinds from market sensitive businesses.”
That led him to increase his target prices for shares of the Big 6 banks by an average of 3 per cent.