Thursday, January 24, 2008
Analysts Lower Earnings Estimates & Target Prices
RBC Capital Markets, 24 January 2008Our investment strategy team has been increasingly concerned over the economy and equity markets. If proven right, as they have so far in 2008, these two factors could be material negative earnings drivers for all financial services stocks in Canada, which would add to existing pressure on the conversion of foreign earnings back into Canadian dollars and, for
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