National Bank of Canada (NA:CA)
Analyst Update
Jefferies & Company raised its 12 month target price on National Bank to $165.00 from $156.00, with a “Hold” rating, reflecting stronger earnings momentum, resilient net interest margins, and continued solid performance across its wealth management and capital markets segments. The valuation adjusment suggests improving visibility on revenue growth, stable credit trends, and sustained return on equity, positioning the bank favorably within the Canadian financial sector as operating conditions stabilize.
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