RBC Capital Slashes Cascades Price Target By 12%
Cascades Inc. (TSX:CAS) (OTC:CADNF) price target has been lowered to C$15 from C$17 by RBC Capital analyst Paul C. Quinn after the Q1 results. The analyst maintained the Outperform rating on the shares. Quinn mentions that the company reported 1Q22 Adjusted EBITDA of $58 million, which was well below their $89 million forecast and consensus…
Benzinga ·
Benzinga
