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A women enters a Bank of Montreal (BMO) branch, located in Fort McMurray, Alta., in this file photo.
A women enters a Bank of Montreal (BMO) branch, located in Fort McMurray, Alta., in this file photo.
(Brett Gundlock for The Globe and Mail)

Thursday'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.

RBC Dominion Securities analyst Darko Mihelic downgraded Bank of Montreal to "sector perform" from "outperform" based on valuation concerns in the wake of the company's latest earnings.