Maxar Technologies Ltd (MAXR) Cut to Sector Perform at Scotiabank
Maxar Technologies Ltd (TSE:MAXR) was downgraded by equities researchers at Scotiabank from an “outperform” rating to a “sector perform” rating in a research report issued on Friday. They currently have a C$77.00 price target on the stock. Scotiabank’s price target would indicate a potential downside of 0.71% from the stock’s current price.
Other research analysts also recently issued research reports about the stock. National Bank Financial boosted their target price on shares of Maxar Technologies from C$73.00 to C$90.00 and gave the company a “sector perform” rating in a research report on Thursday, October 26th. TD Securities boosted their price target on shares of Maxar Technologies from C$87.00 to C$93.00 and gave the company a “buy” rating in a research note on Friday. BMO Capital Markets boosted their price target on shares of Maxar Technologies from C$81.00 to C$89.00 in a research note on Friday. Finally, Canaccord Genuity upped their target price on shares of Maxar Technologies from C$80.00 to C$90.00 in a research note on Friday.
Maxar Technologies (TSE:MAXR) traded down C$2.95 on Friday, reaching C$77.55. 406,052 shares of the company’s stock were exchanged.
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