Wednesday, January 10, 2007
Lower Dollar Seen as Boon for Great-West
The Globe and Mail, 10 January 2007Buy Great-West Lifeco Inc. said Mario Mendonca, an analyst with Genuity Capital Markets, who previously rated it "hold."Genuity has a 12-month share price target on Great-West of $38, compared with its previous target of $33."With the recent weakness in the Canadian dollar relative to the U.S. dollar, the pound and the euro, currency could add as much as $65-
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