BMO downgrades Mattr to 'market perform' on tariff-related impacts
ReutersMay 15, 2025 3:50 PM
Shares of energy and infrastructure technology company Mattr MATR.TO fall about 3.2% to C$10.88
BMO downgrades MATR to "market perform" from "outperform" rating, maintains PT at C$12
Brokerage says it's taking a more cautionary stance as MATR works through potential tariff-related impacts
On Wednesday, MATR said it expects demand for its products during Q2, and likely beyond, to be unfavorably impacted
Including session's moves, stock down 13.8% YTD
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