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EYE ON EQUITIES

Aug 29, 2019 - The Globe and Mail (Canada)
Financial Results

BANK OF NOVA SCOTIA (BNS-TSX) CLOSE $69.33, UP 76ยข Canaccord Genuity raised its target for Bank of Nova Scotia after its third-quarter adjusted earnings of $1.88 beat expectations of $1.85.

"BNS reported a slight adjusted EPS beat, but excluding betterthan-expected credit provisions (notably a reversal on provisions for performing loans) would have delivered relatively in-line earning results," analyst Scott Chan said.

Target: He kept his "hold" rating and raised his price to $74 fr...