BANK OF MONTREAL /CAN/
No SEC Form 4 filings for $BMO in the last 30 days.
The article previews a short U.S. and Canada market week after Memorial Day, highlighting housing, confidence, jobs, and earnings. It lists U.S. EPS results for PDD, AutoZone, Elbit, Salesforce, Synopsys, Marvell, Costco, Dell, and Autodesk, plus Canada banks’ and other firms’ EPS. Key data include S&P Case-Shiller (March), jobless claims and durable goods (May 23/April), and Canada payroll employment and GDP.
Canadian banks report this week, with the group trading at record highs despite a bear market in major housing markets. Canaccord’s Matthew Lee says BMO, TD and RBC are well positioned for U.S. exposure, while longer Middle East conflict could hurt some international lenders. Valuations are at 23-year highs. Also: Salesforce (Agentforce scaling), Costco (post-Walmart demand/cost pressures), and Dell (AI server revenue +46% q/q; valuation/memory-price risks).
Canaccord Genuity analyst Matthew Lee reaffirmed a Buy rating for Bank Of Montreal, with a reported average return of 21.7% in the Financial sector. Despite a consensus Moderate Buy rating and a price target suggesting a downside, corporate insider sentiment for BMO is positive, indicating increased insider buying. Raymond James also recently maintained a Buy rating for the stock.
