Rogers Communications Inc. (RCI.B:CA) — National Bank lowered its price target to C$59.00 from C$62.00. The target change represents a 4.8% decrease. Rogers provides wireless, cable and related communications services, alongside sports and entertainment businesses. Looking ahead, investors will be watching subscriber economics and the conversion of earnings into free cash flow. Competitive pricing, network investment, financing costs and debt reduction will be central to assessing the lower target.
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