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Raymond James Financial Upgrades Bank of Montreal (TSE:BMO) to Moderate Buy
Raymond James Financial has upgraded Bank of Montreal (TSE:BMO) from a “hold” to a “moderate buy” rating. This upgrade comes as analysts have a consensus “Hold” rating and an average price target of C$189.17 for the stock. Despite other firms adjusting price targets and ratings, Bank of Montreal reported C$3.28 EPS for its last quarter and is predicted to post 9.6514585 EPS for the current year.