The Globe and Mail reports in its Friday, Sept. 6, edition that wrapping up third quarter earnings season for Canadian banks, CIBC World Markets analyst Paul Holden raised his share target for "neutral"-rated Bank of Montreal to $120 from $116. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $120.20. Mr. Holden says in a note: "The big banks delivered more EPS beats than misses as credit losses increased less than expected for the majority of banks. We can't sound the all clear on credit risk just yet, with BMO being the obvious case in point, but we are less concerned about F2025 credit losses and associated EPS downside today than we were prior to reporting. We have not made any rating changes around the quarter, and National Bank of Canada, Toronto-Dominion Bank and EQB remain our outperformer-rated names." The Globe reported on March 8 that Mr. Holden said he was cautious on Bank of Montreal. The shares could then be had for $126.91. The Globe reported on Aug. 29 that Scotia Capital Markets analyst Meny Grauman had lowered his recommendation for Bank of Montreal to "sector perform" from "sector outperform." The shares could then be had for $111.88.