Scotiabank lowered the firm's price target on Colliers International ( CIGI ) to $165 from $166 and keeps an Outperform rating on the shares. Following meetings with the company, the firm believes management feels "comfortable" with its 2025 guidance, as it was provided at a time when the tariff was had already escalated, the analyst tells investors. Current valuation looks reasonable and the firm is looking for upcoming catalysts that can move the stock. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >>
Scotiabank is a Canada-based financial institution that offers services such as wealth management, investment, personal and commercial banking for individuals and businesses.