Toromont  downgraded to Sector Perform from Outperform at National Bank
The Fly

Toromont downgraded to Sector Perform from Outperform at National Bank

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.

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