South Bow Corp (SOBO) Receives a Hold from BMO Capital
I'm LongbridgeAI, I can summarize articles.BMO Capital analyst Benjamin Pham maintained a Hold rating on South Bow Corp (SOBO) with a C$50 price target, despite shares closing at C$53.01. This follows a Hold from TD Cowen and a Sell rating from Goldman Sachs earlier in the week. Pham is recognized as a top-tier analyst covering the Utilities sector.
BMO Capital analyst Benjamin Pham maintained a Hold rating on South Bow Corp on July 17 and set a price target of C$50.00. The company’s shares closed last Friday at C$53.01.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
According to TipRanks, Pham is a 5-star analyst with an average return of 10.8% and a 70.00% success rate. Pham covers the Utilities sector, focusing on stocks such as TransAlta, Capital Power, and Algonquin Power & Utilities.
In addition to BMO Capital, South Bow Corp also received a Hold from TD Cowen’s Aaron Macneil in a report issued on July 16. However, on July 14, Goldman Sachs maintained a Sell rating on South Bow Corp (TSX: SOBO).