CIBC Sticks to Its Buy Rating for Finning International (FTT)
CIBC analyst Krista Friesen maintained a Buy rating on Finning International today and set a price target of C$103.00.
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Friesen covers the Industrials sector, focusing on stocks such as Air Canada, Bombardier, and AtkinsRealis. According to TipRanks, Friesen has an average return of 6.8% and a 42.73% success rate on recommended stocks.
In addition to CIBC, Finning International also received a Buy from TipRanks – OpenAI’s OpenAI Industrials CA in a report issued on March 4. However, on the same day, TipRanks – xAI reiterated a Hold rating on Finning International (TSX: FTT).
Based on Finning International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$2.69 billion and a net profit of C$115 million. In comparison, last year the company earned a revenue of C$2.87 billion and had a net profit of C$141 million
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- Finning International price target raised to C$105 from C$92 at Scotiabank
- Finning International price target raised to C$104 from C$100 at TD Securities
- Finning International Signals Resilient Growth Amid Headwinds
- Finning International price target raised to C$104 from C$89 at RBC Capital
- Finning International price target raised to C$103 from C$102 at CIBC
