Desjardins cuts Definity Financial target to C$80, keeps Intact at C$310
Desjardins Securities cut its Definity Financial price target to C$80 from C$85 and kept Intact Financial's at C$310, Dow Jones Newswires reports.
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what happened
Desjardins Securities lowered its price target for Definity Financial Corp. to C$80 per share from C$85. For Intact Financial Corp., the broker left its target unchanged at C$310 per share.
The details come from Dow Jones Newswires, which cites ratings actions reported by Baystreet.
why it matters
A target change from a single brokerage usually has limited market impact, but it shows how analysts value these Canadian insurers.
tags
instruments
sources
- Definity Financial Corp. Price Target Cut to C$80.00/Share From C$85.00 by Desjardins Securities — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
- Intact Financial Corp. Price Target Is Maintained at C$310.00/Share by Desjardins Securities — Dow Jones Newswires, 29 October 2026 at 15:38 UTC
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