National Bank analyst Maxim Sytchev downgraded Toromont Industries (TMTNF) to Sector Perform from Outperform with a C$135 price target The firm says the company’s “premium multiple” is at odds with expected pricing-driven margin compression.
National Bank analyst Maxim Sytchev downgraded Toromont Industries (TMTNF) to Sector Perform from Outperform with a C$135 price target The firm says the company’s “premium multiple” is at odds with expected pricing-driven margin compression.