Canadian Stocks
Adentra Inc. (ADEN:CA) was maintained at “Outperform” by National Bank, with its target price reduced from C$46 to C$41, suggesting moderated optimism.
AGF Management Ltd. (AGF.B:CA) received a “Buy” rating from Desjardins Securities, with its price target raised from C$14 to C$15, indicating a positive outlook.
Ascot Resources Ltd. (AOT:CA) was upgraded from “Market Perform” to “Outperform” by BMO Capital Markets, signaling improved confidence in its mining prospects.
ATCO Ltd Class I NV (ACO.X:CA) maintained a “Hold” rating from TD Cowen with a target price of C$56.00.
CAE Inc. (CAE:CA) was kept at a “Hold” rating by Jefferies & Co, with a minor target price increase from US$27 to US$28, showing a neutral stance.
Canadian Natural Resources Ltd. (CNQ:CA) maintained an “Equal-Weight” rating from Wells Fargo, with the target increased from C$42 to C$46, reflecting balanced expectations.
Canadian Utilities (CU:CA) had its target price updated to C$40.00 with a “Hold” rating from TD Cowen.
Doman Building Materials Group (DBM:CA) received a “Buy” rating from National Bank with a target price of C$10.50.
Emera (EMA:CA) received a “Buy” rating from TD Cowen with a target price of C$69.00.
Eupraxia Pharmaceuticals Inc. (EPRX:CA) was initiated with a “Buy” rating by H.C. Wainwright, setting a target price of $12.
Fortis (FTS:CA) was rated “Buy” by TD Cowen with a target price of C$74.00.
Hydro One (H:CA) was given a “Hold” rating by TD Cowen with a target price of C$52.00.
Pembina Pipeline Corp. (PPL:CA) was downgraded from “Outperform” to “Sector Perform” by National Bank..
Richelieu Hardware Ltd. (RCH:CA) remained at “Sector Perform” by National Bank, with a slight target increase from C$37 to C$37.50, suggesting minimal change in outlook.
Sprott Inc. (SII:CA) had its price target raised from C$80 to C$94 by BMO Capital Markets, reflecting strong sentiment but without a disclosed rating.
Step Energy Services Ltd. (STEP:CA) kept its “Sector Perform” rating from RBC Capital, with the target price moved from C$4.25 to C$4.50, indicating limited upside.
Suncor Energy Inc. (SU:CA) retained an “Overweight” rating from Wells Fargo, with a target price raised from C$59 to C$60, reflecting continued confidence in energy market conditions.
Tamarack Valley Energy (TVE:CA) received a “Buy” rating from National Bank with a target price of C$6.50.
Tamarack Valley Energy Ltd. (TVE:CA) had its target increased from C$5.00 to C$5.50 by Raymond James.
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