Cascades Inc. (CAS:CA) — CIBC raised its price target to C$23.00 from C$17.50. The target change represents a 31.4% increase. Cascades supplies packaging, tissue and recovery solutions. Looking ahead, investors will be watching whether stronger operating performance can support the higher valuation. Packaging demand, selling prices, fibre and energy costs, capacity utilization and debt reduction will shape the cash flow outlook.
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