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Barclays analyst lifts target prices for Canadian bank stocks ahead of earnings

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Barclays says expectations for Canadian bank stocks are so low that fiscal third\u002Dquarter results may bring some upside surprises. Read on.

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Analyst John Aiken raised his target on seven of eight banks — Canadian Imperial Bank of Commerce was the only exception. If banks’ profits look better than forecast, the shares may be poised to trade at higher valuations, Aiken said in a note to investors Monday.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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Barclays analyst lifts target prices for Canadian bank stocks before earningsBarclays is boosting its price targets on most Canadian bank stocks, saying expectations are so low that fiscal third-quarter results may bring some upside surprises.
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