Bank of Montreal price target lowered to C$149 from C$150 at BofA

From Yahoo Finance: 2025-05-17 13:26:00

Bank of America has lowered its price target on Bank of Montreal (BMO) to C$149 from C$150, maintaining a Neutral rating on the shares. The Canadian economy’s expected rebound has been disrupted by a weak housing market and private sector job growth. This is likely to delay the credit cycle peak to 2H25. The new Carney administration’s policy actions and easing trade tensions with the U.S. could improve growth sentiment. Source: TheFly. See today’s best-performing stocks on TipRanks. For more on BMO, visit TipRanks’ Disclaimer & Disclosure page.



Read more at Yahoo Finance: Bank of Montreal price target lowered to C$149 from C$150 at BofA