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Benzinga
Benzinga
Business
Akanksha Bakshi

Desjardins Trims National Bank Of Canada Price Target By 1%

Desjardins analyst Doug Young lowered the price target for National Bank of Canada (TSX:NA) (OTC:NTIOF) to C$103 from C$104 while maintaining the Hold ratings on the shares.

The analyst states that NA’s 2Q FY22 results had a positive impact, as Adjusted pre-tax and pre-provision (PTPP) earnings were 7% above estimate.

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