Onex Upgraded to Outperformer at CIBC
MT newswire2026/10/23 11:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:33 AM EDT, 10/23/2026 (MT Newswires) -- Onex (ONEX.TO) was upgraded to outperformer from neutral at CIBC Capital Markets. Analyst Scott Fletcher to raised his price target on shares of the Canadian investment management firm to CA$140 from CA$137. "Concerns about Convex's lack of operating history in a soft pricing market have not been entirely alleviated, but at current levels, these risks are more manageable," the analyst said. Onex completed its acquisition of the insurance firm in February. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
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