Canadian Analyst Updates: July 7th, 2026

Air Canada (AC:CA) – National Bank upgraded the stock to Outperform and raised its price target to $29.00 from $22.00.

Altius Minerals Corporation (ALS:CA) – Scotiabank increased its price target to $59.00 from $58.00.

Apotex Health Corp (APTX:CA) – CIBC initiated coverage with an Outperform rating and a $40.00 price target.

Bank of Montreal (BMO:CA) – Canaccord Genuity raised its price target to $265.00 from $242.00 while maintaining a Buy rating.

Bank of Nova Scotia (BNS:CA) – Canaccord Genuity increased its price target to $121.00 from $111.00 and maintained a Hold rating.

BCE Inc (BCE:CA) – Scotiabank lowered its price target to $39.00 from $41.00 while maintaining a Sector Outperform rating.

Bombardier Inc (BBD.B:CA) – TD Securities maintained its Hold rating with a $292.00 price target.

Canadian Imperial Bank of Commerce (CM:CA) – Canaccord Genuity raised its price target to $168.00 from $160.00 while maintaining a Hold rating.

Celestica Inc (CLS:CA) – CIBC maintained its Outperform rating with a $680.00 price target.

Centerra Gold Inc (CG:CA) – Scotiabank increased its price target to $29.00 from $21.00.

Custom Health Holdings Inc (CHLT:CA) – Stifel Nicolaus initiated coverage with a Buy rating and a $12.00 price target.

Diversified Royalty Corp (DIV:CA) – Desjardins Securities raised its price target to $5.00 from $4.75 while maintaining a Buy rating.

Diversified Royalty Corp (DIV:CA) – ATB Cormark lowered its price target to $7.25 from $7.50 while maintaining an Outperform rating.

Diversified Royalty Corp (DIV:CA) – CIBC maintained a Neutral rating with a $4.70 price target.

Dream Industrial REIT (DIR.UN:CA) – Scotiabank increased its price target to $16.50 from $16.00.

Finning International Inc (FTT:CA) – Scotiabank raised its price target to $118.00 from $114.00 while maintaining a Outperform rating.

Gildan Activewear Inc (GIL:CA) – TD Securities maintained its Buy rating with a $113.50 price target.

Granite REIT (GRT.UN:CA) – Scotiabank raised its price target to $110.00 from $105.00.

Kraken Robotics Inc (PNG:CA) – ATB Cormark lowered its price target to $5.00 from $6.50 while maintaining an Underperform rating.

Logan Energy Corp (LGN:CA) – National Bank increased its price target to $1.75 from $1.50 while maintaining an Outperform rating.

Logan Energy Corp (LGN:CA) – CIBC maintained its Outperform rating with a $1.20 price target.

Logan Energy Corp (LGN:CA) – TD Securities maintained its Buy rating with a $1.25 price target.

Lundin Mining Corporation (LUN:CA) – Scotiabank increased its price target to $44.00 from $42.00.

National Bank of Canada (NA:CA) – Canaccord Genuity raised its price target to $224.00 from $205.00 while maintaining a Hold rating.

Nexus Industrial REIT (NXR.UN:CA) – Scotiabank increased its price target to $9.00 from $8.50.

PROREIT (PRV.UN:CA) – Scotiabank raised its price target to $7.50 from $7.00.

Quebecor Inc (QBR.B:CA) – Scotiabank raised its price target to $63.50 from $58.00 while maintaining a Sector Perform rating.

Restaurant Brands International Inc (QSR:CA) – RBC Capital lowered its price target to $120.00 from $128.00 while maintaining an Outperform rating.

Rogers Communications Inc (RCI.B:CA) – Scotiabank increased its price target to $61.00 from $60.50 while maintaining a Sector Outperform rating.

Rogers Communications Inc (RCI.B:CA) – National Bank lowered its price target to $62.00 from $63.00 while maintaining an Outperform rating.

Royal Bank of Canada (RY:CA) – Canaccord Genuity increased its price target to $310.00 from $282.00 while maintaining a Buy rating.

TC Energy Corp (TRP:CA) – TD Securities maintained its Hold rating with a $98.00 price target.

TELUS Corp (T:CA) – Scotiabank lowered its price target to $19.00 from $20.00 while maintaining a Sector Perform rating.

Toromont Industries Ltd (TIH:CA) – Scotiabank raised its price target to $238.00 from $229.00 while maintaining a Sector Perform rating.

Toronto Dominion Bank (TD:CA) – Canaccord Genuity raised its price target to $185.00 from $169.00 while maintaining a Buy rating.

Trekor Metals (TKO:CA) – TD Securities maintained its Buy rating with a $12.00 price target.

Wajax Corp (WJX:CA) – Scotiabank lowered its price target to $36.00 from $37.00 while maintaining a Sector Perform rating.