BMO Capital Markets cuts price targets on shares for Canada's big telecom players

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BMO Capital Markets cuts price targets on shares for Canada's big telecom players
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TORONTO — Shares of some of Canada's big telecommunications companies fell as BMO Capital Markets cut its share price targets for several names in the sector...

TORONTO — Shares of some of Canada's big telecommunications companies fell as BMO Capital Markets cut its share price targets for several names in the sector.

The move came as BMO lowered its target price for BCE shares to $46 from $54, while its target for Quebecor shares fell to $33 from $42. Trump’s social media platform says it’s above ‘traditional key performance indicators.’ An auditor has substantial doubt it can continue as a going concernTruth Social owner Trump Media & Technology Group disclosed Monday that it lost more than $58 million and generated very little revenue in 2023.Trump's media company, which runs Truth Social, was flying high after starting trading. There are plenty of reasons to believe it won't stay up there.

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