Analyst Ratings (Canada)
Today’s analyst updates point to a selective market outlook, with a skew toward valuation (target) increases in cyclicals, infrastructure, mining, and select industrial names, suggesting analysts still see earnings resilience and upside tied to stable economic activity and commodity support. However, the presence of multiple valuation (target) cuts across financials, tech services, and consumer-linked names signals growing caution around valuation, margin pressure, and slowing growth momentum.
Overall, this pattern reflects a market where alpha is increasingly stock-specific, leadership is narrowing, and analysts are not calling for a downturn yet, but are dialing back upside expectations and emphasizing disciplined positioning amid macro uncertainty (rates, inflation, and demand durability).
30 Analyst Updates
Aclara Resources Inc. (ARA:CA) RBC Capital raised the target to $6.00 from $3.00 with an Outperform rating.
Aecon Group Inc. (ARE:CA) Jefferies raised the target to $59.00 from $49.00.
AirBoss of America Corp. (BOS:CA) TD Securities maintained a Buy rating with an $8.00 target.
Aritzia Inc. (ATZ:CA) Stifel raised the target to $158.00 from $150.00 with a Buy rating.
Bird Construction Inc. (BDT:CA) Jefferies raised the target to $63.00 from $44.00.
Brookfield Asset Management Ltd. (BAM:CA) TD Securities lowered the target to $94.00 from $102.00 with a Buy rating.
BRP Inc. (DOO:CA) TD Securities maintained a Hold rating with an $84.00 target.
Bunker Hill Mining (BNKR:CA) Haywood Securities initiated with a Buy rating and a $10.75 target.
Canadian Tire Corporation, Ltd. (CTC-A:CA) TD Securities maintained a Hold rating with a $205.00 target.
CGI Inc. (GIB-A:CA) TD Securities maintained a Buy rating with a $153.00 target.
CGI Inc. (GIB.A:CA) National Bank lowered the target to $150.00 from $185.00 with an Outperform rating.
CGI Inc. (GIB.A:CA) BMO lowered the target to $122.00 from $137.00 with an Outperform rating.
Computer Modelling Group Ltd. (CMG:CA) National Bank lowered the target to $5.00 from $6.00 with a Sector Perform rating.
Coveo Solutions Inc. (CVO:CA) National Bank lowered the target to $7.00 from $9.00 with a Sector Perform rating.
Definity Financial Corp. (DFY:CA) Desjardins Securities lowered the target to $73.00 from $75.00 with a Hold rating.
Endeavour Mining (EDV:CA) National Bank raised the target to $115.00 from $113.00 with an Outperform rating.
Fiera Capital Corp. (FSZ:CA) Desjardins Securities lowered the target to $6.25 from $6.50 with a Hold rating.
FirstService Corp. (FSV:CA) Stifel Nicolaus lowered the target to $273.00 from $293.00 with a Buy rating.
Intact Financial Corp. (IFC:CA) Desjardins Securities cut the target to $300.00 from $305.00 with a Buy rating.
Nutrien Ltd. (NTR:CA) Barclays raised the target to $116.00 from $109.00 with an Overweight rating.
Onex Corp. (ONEX:CA) CIBC initiated with a Neutral rating and a $135.00 target.
Pet Valu Holdings Ltd. (PET:CA) TD Securities maintained a Buy rating with a $34.00 target.
Rogers Communications Inc. (RCI.B:CA) JP Morgan raised the target to $65.00 from $63.00.
South Bow Corp. (SOBO:CA) BMO raised the target to $45.00 from $44.00 with a Market Perform rating.
Teck Resources (TECK-B:CA) Scotiabank raised the target to $80.00 with a Sector Perform rating.
Tecsys Inc. (TCS:CA) National Bank raised the target to $40.00 from $32.00 with a Sector Perform rating.
Thomson Reuters Corp. (TRI:CA) TD Securities maintained a Buy rating with a $175.00 target.
Toromont Industries Ltd. (TIH:CA) Canaccord raised the target to $235.00 from $200.00 with a Buy rating.
Trisura Group Ltd. (TSU:CA) Desjardins Securities maintained a Buy rating with a $60.00 target.
Westport Fuel Systems Inc. (WPRT:CA) RBC Capital lowered the target to $2.40 from $2.75 with a Sector Perform rating.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
