Cara Operations Ltd (TSE:CARA) had its target price lowered by stock analysts at CIBC from C$29.00 to C$28.00 in a report released on Friday. CIBC’s price objective would suggest a potential upside of 13.80% from the stock’s previous close.

Separately, Scotiabank cut their price target on Cara Operations from C$33.50 to C$32.00 and set an “outperform” rating on the stock in a research report on Friday.

Cara Operations (TSE:CARA) opened at 24.605 on Friday. Cara Operations has a 12 month low of $22.85 and a 12 month high of $36.98. The stock’s 50 day moving average price is $27.16 and its 200-day moving average price is $29.05.

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