BMO Capital analyst Peter Sklar raised the firm’s price target on George Weston to C$172 from C$166 and keeps a Market Perform rating on the shares. The analyst considers George Weston’s quarterly earnings to be non-eventful. George Weston’s 2022 outlook is unchanged, indicating that it expects adjusted net earnings from continuing operations to increase due to the results from Loblaw and Choice REIT, which remains the case and is consistent with Loblaw’s revised EPS growth guidance of “high-teens,” Sklar adds.
Published first on TheFly
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