Cogeco (TSE:CGO – Get Free Report) had its price target cut by equities researchers at CIBC from C$69.00 to C$67.00 in a research note issued to investors on Monday, BayStreet.CA reports. CIBC’s target price suggests a potential upside of 10.65% from the stock’s previous close.
Separately, TD Securities lifted their price objective on Cogeco from C$99.00 to C$104.00 in a research report on Monday.
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Cogeco Price Performance
Cogeco Company Profile
Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States.
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