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BMO Capital Markets cut shares of Tricon Residential (TSE:TCN – Free Report) from an outperform rating to a market perform rating in a report published on Monday, BayStreet.CA reports. The brokerage currently has C$15.15 price objective on the stock, up from their previous price objective of C$12.50. Other research analysts have also recently issued research […]
Tricon’s CEO announced plans to sell the business to to private equity fund Blackstone for $3.5-billion
Tricon Residential (TSE:TCN – Get Free Report) was downgraded by investment analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research report issued on Monday, BayStreet.CA reports. They presently have a C$15.15 price target on the stock, up from their prior price target of C$12.50. BMO Capital Markets’ […]
Blackstone is adding to its bet on rental housing with a $3.5 billion deal for Toronto's Tricon Residential. Find out more
Blackstone Remains Committed to Tricon’s Extensive Housing Development Platform, Including its Pipeline of $1 Billion of New Single-Family Homes in the U.S. and $2.5 Billion of New Apartments in...