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Bank of Montreal has made a $1.3-billion offer for Britain’s F&C Asset Management.
Bank of Montreal has made a $1.3-billion offer for Britain’s F&C Asset Management.
(DARRYL DYCK/THE CANADIAN PRESS)

Monday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

Declining trading revenues and mortgage growth at Canada’s Big Six banks pressured their earnings last quarter, RBC Dominion Securities analyst Darko Mihelic said in a note.