Wednesday, May 30, 2007

Scotiabank Q2 2007 Earnings

Analysts' ratings and target prices for Scotiabank:� BMO Capital Markets maintains "underperform," the target price has been raised raised to $55.00� Blackmont Capital maintains "buy," the target price is $61.00. Blackmont's research report notes that Scotiabank's 2nd quarter EPS came-in 4� above its estimates of $1.03, due to better than expected revenue growth & lower loan loss provisions.�

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