Mullen Group upgraded to Outperform from Sector Perform at Scotiabank

Scotiabank analyst Konark Gupta upgraded Mullen Group to Outperform from Sector Perform with a price target of C$17.50, up from C$16, driven by a valuation roll-forward to 2024 and the view that the valuation has become more attractive after the stock’s 14% pullback.

Published first on TheFly

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