Evertz Technologies (ET:CN) PT Raised to $19 at BMO Capital

BMO Capital analyst Thanos Moschopoulos raised the price target on Evertz Technologies (: ET:CN) to $19.00 (from $18.00) while maintaining a Outperform rating.

• Evertz should benefit from the IP upgrade cycle
• valuation is attractive relative to its dividend yield and our view that Evertz should be able to generate roughly 10% annualized EPS growth over the medium term

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