Raymond James Cuts Price Targets on Definity Financial and Intact Financial
Raymond James lowered its price target on Definity Financial to C$84 and on Intact Financial to C$305. Data from TradingView, citing Baystreet.
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what happened
Raymond James analysts cut their price target on Canadian insurer Definity Financial to C$84 per share from C$85. At the same time, the target for Intact Financial was lowered to C$305 from C$335, while the Outperform stance on that stock was kept.
The information was published by TradingView, citing Baystreet.
why it matters
The changes come from a single brokerage and cover two insurers, so the market is unlikely to react strongly. For investors in the Canadian insurance sector, this signals more cautious analyst expectations, but such adjustments rarely move indexes.
tags
instruments
sources
- Definity Financial Corp. Price Target Cut to C$84.00/Share From C$85.00 by Raymond James — ru.tradingview.com, 16 October 2026 at 15:00 UTC
- Intact Financial Corp. Price Target Cut to C$305.00/Share From C$335.00 by Raymond James — ru.tradingview.com, 16 October 2026 at 15:00 UTC
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