AutoCanada Inc. ( TSE:ACQ – Get Rating ) hit a new 52-week low during trading on Friday after Scotiabank lowered their price target on the stock from C$34.00 to C$27.00. The company traded as low as C$15.71 and last traded at C$15.93, with a volume of 119410 shares. The stock had previously closed at C$16.09. Other research analysts also recently issued reports about the company. National Bankshares cut their price objective on AutoCanada from C$26.00 to C$18.00 and set a 'sector perform' rating on the stock in a research note on Friday.

https://www.dailypolitical.com/2023/05/05/autocanada-tseacq-sets-new-12-month-low-following-analyst-downgrade.html

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