Bank of Montreal price target raised to C$143 from C$126 at Barclays

Barclays raised the firm’s price target on Bank of Montreal (BMO) to C$143 from C$126 and keeps an Overweight rating on the shares. The firm says Canadian bank earnings in Q4 should see seasonal headwinds, and the impact from lower rates though asset management should help fee revenue. It is changing ratings and targets in the group ahead of the earnings reports. The analyst also looks for the banks’ initial takes on 2025.