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Bank of Montreal (TSE:BMO) Sets New 1-Year High After Analyst Upgrade
Bank of Montreal (TSE:BMO) reached a new 52-week high after Barclays raised its price target from C$181 to C$196, leading to the stock trading as high as C$198.73. Other firms also increased their price targets, though the consensus rating for BMO remains a “Hold” with an average price target of C$193.42. The company reported C$3.28 earnings per share on C$9.34 billion revenue for the last quarter.