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Tag: September 30 2026

Canadian Analyst Updates: February 24th, 2026
Market News & Insights Oct 1, 2026

Emera Incorporated (EMA:CA): Scotiabank Cuts Target to C$76.00

Emera Incorporated (EMA:CA) — Scotiabank lowered its price target to C$76.00 from C$80.00. The target change represents a 5.0% decrease. Emera’s business…

#Canadian Analyst Updates #September 30 2026
First Quantum Minerals Ltd. (FM:CA) (FQVLF) First Quantum Minerals Ltd. is a major copper-focused mining company viewed as a high-leverage play on global copper prices, with its investment outlook largely dependent on the potential restart of its key Cobre Panama mine, which remains uncertain but is showing incremental progress; while the company has strengthened its balance sheet through asset sales and continues to generate cash flow from other operations, analysts remain cautiously optimistic and see significant upside if copper prices stay strong and Panama operations resume. However risks tied to geopolitics, project execution, and commodity volatility continue to make it a high-risk, high-reward investment. Scotiabank maintained its "Outperform" rating and  target price of $48 per share, reaffirming a bullish stance on the stock, signaling expectations that it will outperform its peers over the next 12 months. The "Outperform" rating suggests that the analyst’s investment thesis remains intact, while the $48 target sits near the high end of analyst estimates, implying meaningful upside from current trading levels. This positive outlook is largely driven by expectations of stronger copper prices, improving fundamentals across the mining sector, and company-specific catalysts such as balance sheet improvements and potential operational recovery, particularly tied to progress at key assets like Cobre Panama. At the same time,  while sentiment is constructive, risks such as geopolitical uncertainty, project execution, and commodity price volatilityn are still present but viewed as manageable and already reflected in the stock’s valuation.
Market News & Insights Oct 1, 2026

First Quantum Minerals Ltd. (FM:CA): TD Securities Maintains Buy, Target C$47.00

First Quantum Minerals Ltd. (FM:CA) — TD Securities maintained its Buy rating with a C$47.00 price target. First Quantum is a global…

#Canadian Analyst Updates #September 30 2026
Fortis Inc. (FTS:CA): Scotiabank Cuts Target to C$78.00
Market News & Insights Oct 1, 2026

Fortis Inc. (FTS:CA): Scotiabank Cuts Target to C$78.00

Fortis Inc. (FTS:CA) — Scotiabank lowered its price target to C$78.00 from C$81.00. The target change represents a 3.7% decrease. Fortis operates…

#Canadian Analyst Updates #September 30 2026
Canadian Analyst Updates: March 11th, 2026
Market News & Insights Oct 1, 2026

Franco-Nevada Corp. (FNV:CA): TD Securities Maintains Buy, Target C$388.00

Franco-Nevada Corp. (FNV:CA) — TD Securities maintained its Buy rating with a C$388.00 price target. Franco-Nevada owns a diversified portfolio of gold-focused…

#Canadian Analyst Updates #September 30 2026
Gibson Energy: JPMorgan Raises Valuation on Positive Outlook
Market News & Insights Oct 1, 2026

Gibson Energy Inc. (GEI:CA): ATB Cormark Raises Target to C$35.00

Gibson Energy Inc. (GEI:CA) — ATB Cormark raised its price target to C$35.00 from C$34.00. The target change represents a 2.9% increase.…

#Canadian Analyst Updates #September 30 2026

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