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Stock Market & Financial Investment News

News Breaks
January 9, 2014
07:41 EDTRBARitchie Bros. price target raised to $27 from $23 at BMO Capital
BMO Capital increased its price target on Ritchie Bros. as the firm expects the company's Gross Auction Proceeds to strengthen going forward. BMO Capital thinks the stock can rise further, and it keeps an Outperform rating on the shares.
News For RBA From The Last 14 Days
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January 13, 2015
10:00 EDTRBAOn The Fly: Analyst Downgrade Summary
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08:39 EDTRBARitchie Bros. downgraded to Market Perform from Outperform. at BMO Capital
BMO Capital notes that Ritchie is transforming from simply selling unreserved auction services to a premier asset management and disposition company. BMO says the company's initiatives will bear fruit, but it does not view the risk/reward ratio as compelling at current levels. Target $27.

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