Posted on 08/11/06
Canadian Tire merits increase in price target
Canadian Tire Corp. Ltd. (CTC.A-TSX) is scheduled to report its third-quarter results tomorrow, but Irene Nattel, an analyst with RBC Dominion Securities Inc. isn't waiting, and yesterday she increased her 12-month share price target to $89 from $83. The shares closed yesterday at $74.70, up 92 cents.
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