Bank of Nova Scotia Price Target Raised to C$129 at RBC

MT Newswires Live08-27

RBC Capital Markets raised its price target on Bank of Nova Scotia (BNS.TO, BNS) to C$129 from C$117.

Analyst Darko Mihelic maintained a sector-perform rating on shares of the bank following its quarterly results on Tuesday.

"Q3/26 results were stronger than our expectations particularly in Global Banking and Markets," Mihelic said in a note to clients.

"We saw signs that BNS could potentially raise its targets."

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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