Rogers Communications Upgraded to Buy at Desjardins

MT Newswires Live

Yesterday

Rogers Communications Inc. (RCI-B.TO, RCI) was upgraded to buy from hold at Desjardins.

Analyst Jerome Dubreuil maintained a price target of CA$58 on shares of the Canadian media and telecom company.

"While the Canadian telecom backdrop remains challenging, the (free cash flow) benefits from the recent impressive capex cut and the quiet promotional activity during back-to-school season make the elevated leverage easier to accept," the analyst said.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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(RCI-B.TO, RCI) was upgraded to buy from hold at Desjardins.</p><p>Analyst Jerome Dubreuil maintained a price target of CA$58 on shares of the Canadian media and telecom company.</p><p>\"While the Canadian telecom backdrop remains challenging, the (free cash flow) benefits from the recent impressive capex cut and the quiet promotional activity during back-to-school season make the elevated leverage easier to accept,\" the analyst said.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. 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(RCI-B.TO, RCI) was upgraded to buy from hold at Desjardins.</p><p>Analyst Jerome Dubreuil maintained a price target of CA$58 on shares of the Canadian media and telecom company.</p><p>\"While the Canadian telecom backdrop remains challenging, the (free cash flow) benefits from the recent impressive capex cut and the quiet promotional activity during back-to-school season make the elevated leverage easier to accept,\" the analyst said.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ROG","symbol_name":"罗杰斯","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2667663311","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2667663311","pubTimestamp":1789385762,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Rogers Communications Inc. 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