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Stock impact report

TD Securities Lifts Price Target on Bank of Montreal (BMO) while Holding Rating Steady [Yahoo! Finance]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
On December 5, TD Securities raised its price target on Bank of Montreal (NYSE:BMO) to C$184 from C$182 and kept a Hold rating on the shares. Bank of Montreal reported higher fourth-quarter profit, driven largely by a rebound in dealmaking and stronger equity markets. Its capital markets unit benefited the most from this shift. Strong crude oil exports and increased government spending helped Canada avoid the worst effects of US President Donald Trump's tariff policy. Those tariffs continue to weigh on sectors such as steel and aluminum, but the broader economy has shown resilience. Loan growth remains under pressure as uncertainty tied to US trade policy lingers. That has pushed Canada's largest banks, including BMO, to lean more heavily on fee-based businesses to support growth. Profit at Bank of Montreal (NYSE:BMO)'s capital markets unit more than doubled to C$521 million, up from C$251 million a year earlier. Higher revenue from global market activity, along with stronger inv Show less Read more
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