Scotiabank Lowers BCE Price Target to C$39.50, Maintains Outperform

We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On February 6, Scotiabank lowered its price target on BCE Inc. (NYSE:BCE) to C$39.50 from C$40.25 while maintaining an Outperform rating, indicating that despite modest valuation adjustments, the firm continues to view the risk-reward profile favorably. During its third-quarter 2025 results conference call, BCE Inc. (NYSE:BCE) reported a 1.3% increase in total revenue, supported in part by the acquisi ...