Newhaven Asset Management CEO and portfolio manager Ryan Bushell said on BNN Bloomberg’s Market Call on Oct. 17 that BCE (BCE Stock Quote, Chart, News, Analysts, Financials TSX:BCE) remains a “durable, asset-rich” holding despite its share price decline over the past year, noting that the telecom’s restructuring into a more technology-focused operator could position it […]
Should you sell your Quebecor stock?RBC Dominion Securities analyst Drew McReynolds downgraded Quebecor (Quebecor Stock Quote, Chart, News, Analysts, Financials TSX:QBR.B) to “Sector Perform” from “Outperform” in an Oct. 14 update, citing the stock’s strong year-to-date performance and limited near-term upside after significant multiple expansion. He raised his price target, however, by $1.00 to $46.00, slightly above the Street average […]