BMO Capital lifts Altus Group shares target on business sale By Investing.com

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On Wednesday, BMO Capital adjusted its outlook on Altus Group (AIF:CN) (OTC: ASGTF) shares, increasing the price target to Cdn$59.00 from the previous Cdn$51.00, while keeping a Market Perform rating on the stock. The revision follows the announcement by Altus Group of the sale of its Property Tax business to Ryan, LLC for $700 million.
The disposal of the Property Tax segment is seen as a…



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