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J.P. Morgan Sticks to Its Hold Rating for BCE (BCE)
J.P. Morgan analyst Sebastiano Petti maintained a Hold rating on BCE yesterday and set a price target of C$38.00.
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According to TipRanks, Petti is a 4-star analyst with an average return of 9.7% and a 64.57% success rate. Petti covers the Communication Services sector, focusing on stocks such as T Mobile US, AT&T, and BCE.
In addition to J.P. Morgan, BCE also received a Hold from TD Cowen’s Vince Valentini in a report issued on April 2. However, on March 26, TipRanks – Google reiterated a Buy rating on BCE (NYSE: BCE).
The company has a one-year high of C$36.25 and a one-year low of C$28.73. Currently, BCE has an average volume of 3.72M.
Read More on BCE:
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- Midday Fly By: Amazon said to eye Globalstar, Tesla deliveries miss consensus
- TD downgrades three Canada telco stocks on price war risk
- BCE downgraded to Hold from Buy at TD Securities
- BCE’s Bell Mobility to Sell Land Mobile Radio Networks Services Unit for $675 Million
- Balanced but Constrained: Why Strategic Asset Sales and Deleveraging Support a Hold Rating on BCE
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