Cogeco (TSE:CGO) Stock Price Expected to Rise, CIBC Analyst Says

Cogeco (TSE:CGO) Stock Price Expected to Rise, CIBC Analyst Says

Cogeco (TSE:CGO – Get Free Report) had its price objective increased by equities researchers at CIBC from C$61.00 to C$66.00 in a report issued on Friday,BayStreet.CA reports. CIBC’s price target points to a potential downside of 7.77% from the stock’s current price. Separately, TD Securities increased their price target on Cogeco from C$110.00 to C$120.00 and gave the company a “buy” rating in a research note on Friday. One investment analyst h…