Nuveen California Municipal Value Fund (TSE:NCA) had its target price boosted by analysts at BMO Capital Markets from C$1.00 to C$1.75 in a research report issued on Friday. The firm presently has an “outperform” rating on the stock.
Separately, TD Securities set a C$1.50 price objective on Nuveen California Municipal Value Fund and gave the stock a “speculative buy” rating in a research note on Tuesday, May 31st.
About Nuveen California Municipal Value Fund
Nuveen California Municipal Value Fund, Inc is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and California state income taxes, and in the case of California Alternative Minimum Tax (AMT)-Free Income (NKX) the AMT applicable to individuals, by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within the state of California or certain United States territories.
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