UPDATE: BMO Capital Markets Lowers PT on Bank of Montreal Following Q2/13 Results
May 30, 2013 at 10:43 AM EDT
In a report published Thursday, BMO Capital Markets analyst John Reucassel reiterated a Market Perform rating on Bank of Montreal (NYSE: BMO ), but lowered the price target from $66.00 to $65.00. In the report, BMO Capital Markets noted, “Results were shy of expectations mainly due to NIM compression; however,
