Canadian Analyst Updates: Oct 31st, 2025

Aecon Group Inc (ARE:CA) — Stifel Nicolaus raised its price target to $30 from $24.

Aecon Group Inc (ARE:CA) — BMO Capital Markets increased its target to $30 from $25.

Aecon Group Inc (ARE:CA) — TD Securities reiterated a Buy rating and raised its target to $39.

Aecon Group Inc (ARE:CA) — Raymond James raised its target to $33 from $26 with a Market Perform rating.

Aecon Group Inc (ARE:CA) — Desjardins Securities boosted its target to $35 from $22 while maintaining a Hold rating.

Aecon Group Inc (ARE:CA) — ATB Capital raised its target to $32 from $28 with a Sector Perform rating.

Aecon Group Inc (ARE:CA) — CIBC World Markets lifted its target to $35 from $29 with a Neutral rating.

Aecon Group Inc (ARE:CA) — TD Securities reiterated a Buy rating and raised its target to $39 from $34.

Aecon Group Inc (ARE:CA) — Canaccord Genuity reaffirmed its Buy rating, raising its target to $40 from $29.

Agnico Eagle Mines Ltd (AEM:CA) — TD Securities maintained a Buy rating with a price target of $273.

Allied Properties REIT (AP.UN:CA) — TD Securities downgraded the stock to Hold with a new target of $16.

Allied Properties REIT (AP.UN:CA) — Scotiabank lowered its target to $18

Allied Properties REIT (AP.UN:CA) — TD Securities reduced its target to $16 from $20 while maintaining a Hold rating.

Allied Properties REIT (AP.UN:CA) — RBC Capital cut its target to $16 from $18.

Allied Properties REIT (AP.UN:CA) — Raymond James decreased its target to $14.75 from $18.75.

Allied Properties REIT (AP.UN:CA) — Canaccord Genuity raised its target to $18 from $22 with a Buy rating.

Allied Properties REIT (AP.UN:CA) — Desjardins Securities raised its target to $15.50 from $18 while maintaining a Sell rating.

AltaGas Ltd (ALA:CA) — RBC Capital lifted its target to $48 from $44.

AltaGas Ltd (ALA:CA) — CIBC World Markets raised its target to $47 from $46.

AltaGas Ltd (ALA:CA) — TD Securities maintained its Buy rating and reiterated a $48 price target.

Baytex Energy Corp (BTE:CA) — TD Securities maintained its Buy rating with a $4 target price.

Cameco Corp (CCO:CA) — RBC Capital raised its price target sharply to $160 from $110.

Canadian National Railway Co (CNR:CA) — TD Securities maintained its Buy rating with a $165 target.

Cenovus Energy Inc (CVE:CA) — TD Securities maintained its Buy rating and $28 target price.

Champion Iron Ltd (CIA:CA) — Scotiabank raised its target to $5.25.

Champion Iron Ltd (CIA:CA) — TD Securities maintained a Buy rating with a $5.50 target.

Cogeco Communications Inc (CCA:CA) — Scotiabank cut its target to $74 from $75.50.

Cogeco Communications Inc (CCA:CA) — BMO Capital Markets lowered its target to $70 from $75.

Cogeco Communications Inc (CCA:CA) — TD Securities maintained a Buy rating with a $95 target.

Cogeco Communications Inc (CCA:CA) — TD Securities reaffirmed its Buy rating and revised its target to $95 from $98.

Corus Entertainment Inc (CJR.B:CA) — TD Securities maintained its Sell rating with a $0.05 target.

Coveo Solutions Inc (CVO:CA) — Stifel Nicolaus lowered its target to $13 from $15.

Coveo Solutions Inc (CVO:CA) — TD Securities maintained a Buy rating with a $12 target.

Ivanhoe Mines Ltd (IVN:CA) — TD Securities maintained a Buy rating with a $17 target.

Magna International Inc (MG:CA) — TD Securities maintained a Buy rating with a $57 price target.

MDA Space Ltd (MDA:CA) — BMO Capital Markets lowered its target to $36 from $40.

MDA Space Ltd (MDA:CA) — Scotiabank reduced its target to $40 from $43 but kept an Outperform rating.

Morguard REIT (MRG.UN:CA) — RBC Capital raised its target to $21 from $20 with a Sector Perform rating.

Morguard Real Estate Investment Trust (MRT.UN:CA) — Scotiabank raised its price target to $6.

Onex Corporation (ONEX:CA) — Scotiabank increased its target to $175 from $153.

Onex Corporation (ONEX:CA) — TD Securities reiterated a Buy rating and lifted its target to $165 from $148.

Primaris REIT (PMZ.UN:CA) — TD Securities maintained its Buy rating with an $18.50 target.

Restaurant Brands International (QSR:CA) — Scotiabank raised its price target to $104.

Secure Energy Services Inc (SES:CA) — Scotiabank reduced its price target to $21.50.

Spin Master Corp (TOY:CA) — CIBC World Markets raised its target to $25 from $23.

Spin Master Corp (TOY:CA) — Jefferies cut its target to $26 from $28.

Spin Master Corp (TOY:CA) — Cormark Securities lowered its target to $39 from $44.

Spin Master Corp (TOY:CA) — TD Securities maintained its Buy rating and increased its target to $30 from $29.

TELUS Corp (T:CA) — TD Securities maintained its Buy rating with a $26 target.

Timbercreek Financial Corp (TF:CA) — Canaccord Genuity lowered its target to $7.75 from $8.50.

Toromont Industries Ltd (TIH:CA) — BMO Capital Markets raised its target to $178 from $174.

Toromont Industries Ltd (TIH:CA) — TD Securities maintained its Buy rating with a $179 target.

TVK Industries (TVK:CA) — Scotiabank lowered its price target to $165.

WELL Health Technologies Corp (WELL:CA) — TD Securities maintained its Buy rating with a $7.50 target.