CIBC Cuts Price Targets on Finning and TerraVest
CIBC World Markets lowered its target for Finning International shares to C$120 from C$122 and for TerraVest Industries to C$134 from C$148, Dow Jones Newswires reports.
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what happened
Analysts at CIBC World Markets reduced their price target on Finning International Inc. shares to C$120 from C$122. Dow Jones Newswires reports the move, citing ratings actions compiled by Baystreet.
On the same day, CIBC also cut its price target on TerraVest Industries Inc. shares to C$134 from C$148.
why it matters
Adjustments like these reflect analysts revising their forecasts for individual companies. They usually have a limited effect on the broader market but can shape sentiment toward those stocks.
tags
instruments
sources
- Finning International Inc. Price Target Cut to C$120.00/Share From C$122.00 by CIBC World Markets — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
- TerraVest Industries Inc Price Target Cut to C$134.00/Share From C$148.00 by CIBC World Markets — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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