Canaccord Genuity cut the price target for BCE Inc. (NYSE: BCE) from $63 to $61. Canaccord Genuity analyst Aravinda Galappatthige maintained a Hold rating. BCE shares rose 0.6% to close at $44.16 on Thursday.
U.S. stocks closed lower on Friday, with the S&P 500 breaking its six-session win streak. However, the benchmark index still recorded weekly gain, also notching the fifth positive week in a row.