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TD Securities Cuts Trisura Group to a Hold and Lowers Target to C$45

TD Securities Cuts Trisura Group to a Hold and Lowers Target to C$45

Trisura Group (TSU:CA) (TRRSF)

TD Securities downgraded Trisura Group to a Hold rating from Buy on November 6th, and lowered its 12 month price target to C$45 from C$56, a reduction of approximately 19.6%. Scotiabank also maintained Sector Perform with a C$52 target. Trisura shares fell 29.9% on Friday after quarterly results missed estimates.

 

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