{"id":41623,"date":"2023-10-17T17:09:14","date_gmt":"2023-10-17T17:09:14","guid":{"rendered":"https:\/?p=41623"},"modified":"2023-10-17T17:39:09","modified_gmt":"2023-10-17T17:39:09","slug":"canadian-analyst-ratings-oct-17th","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-ratings-oct-17th\/","title":{"rendered":"Canadian Analyst Ratings: Oct 17th"},"content":{"rendered":"<h2>Analyst Ratings Update for TSX\/V<\/h2>\n<div class=\"group w-full text-token-text-primary border-b border-black\/10 gizmo:border-0 dark:border-gray-900\/50 gizmo:dark:border-0 bg-gray-50 gizmo:bg-transparent dark:bg-[#444654] gizmo:dark:bg-transparent\" data-testid=\"conversation-turn-3\">\n<div class=\"p-4 justify-center text-base md:gap-6 md:py-6 m-auto\">\n<div class=\"flex flex-1 gap-4 text-base mx-auto md:gap-6 gizmo:gap-3 gizmo:md:px-5 gizmo:lg:px-1 gizmo:xl:px-5 md:max-w-2xl lg:max-w-[38rem] gizmo:md:max-w-3xl gizmo:lg:max-w-[40rem] gizmo:xl:max-w-[48rem] xl:max-w-3xl }\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gizmo:w-full lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col gap-3 max-w-full\">\n<div class=\"min-h-[20px] flex flex-col items-start gap-3 whitespace-pre-wrap break-words overflow-x-auto\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p><strong>Here is a summary of the Canadian analyst ratings changes for October 17th, 2023:<\/strong><\/p>\n<p>Air Canada (AC:CA) received an &#8220;OUTPERFORM&#8221; rating from Raymond James, with a previous price target of $28.00 and a new price target of $31.00.<\/p>\n<p>Algonquin Power (AQN) was rated &#8220;SECTOR PERFORM&#8221; by National Bank, with a previous price target of $8.50 USD and a new price target of $9.50.<\/p>\n<p>Altagas Ltd (ALA:CA) had its price target reduced by JP Morgan, from $33.00 to $31.00.<\/p>\n<p>Altius Renewable Royalties Corp. (ARR:CA) received an &#8220;OUTPERFORM&#8221; rating from National Bank, with a previous price target of $10.00 and a new price target of $10.75.<\/p>\n<p>Canadian National Railway Co. (CNR:CA) was given an &#8220;OUTPERFORM&#8221; rating by Bernstein, with a previous price target of $172.00 and a new price target of $171.00.<\/p>\n<p>Capstone Copper Corp. (CS:CA) received an &#8220;OUTPERFORM&#8221; rating from National Bank, with a previous price target of $6.75 and a new price target of $7.25.<\/p>\n<p>Cargojet Inc. (CJT:CA) was rated &#8220;SECTOR PERFORM&#8221; by National Bank, with a previous price target of $112.00 and a new price target of $119.00.<\/p>\n<p>CF Industries Holdings Ltd. (CF) was given an &#8220;OUTPERFORM&#8221; rating by RBC Capital, with a previous price target of $100.00 USD, which was revised to a new price target of $95.00.<\/p>\n<p>Computer Modelling Group Ltd. (CMG:CA) received a &#8220;HOLD&#8221; rating from Canaccord Genuity, with a previous price target of $10.00 and a new price target of $8.75.<\/p>\n<p>Denison Mines Corp (DML:CA) was rated &#8220;MARKET PERFORM&#8221; by BMO Capital Markets, but no specific price targets were provided.<\/p>\n<p>Ero Copper Corp. (ERO:CA) received a &#8220;SECTOR PERFORM&#8221; rating from National Bank, with a previous price target of $26.00, which was increased to a new price target of $30.00.<\/p>\n<p>GDI Integrated Facility Services Inc. (GDI:CA) was given a &#8220;BUY&#8221; rating by Desjardins Securities, with a previous price target of $56.00, which was adjusted to a new price target of $55.00.<\/p>\n<p>Giga Metals Corporation (GIGA:CA) received a &#8220;BUY&#8221; rating from Fundamental Research, with a price target of $0.95.<\/p>\n<p>Gildan Activewear Inc. (GIL:CA) was rated &#8220;OUTPERFORM&#8221; by National Bank, with a previous price target of $48.00, which was lowered to a new price target of $46.00.<\/p>\n<p>High Tide Inc. (HITI:CA) received a &#8220;BUY&#8221; rating from Eight Capital, with a price target of $5.00,<\/p>\n<p>Hudbay Minerals Inc. (HBM:CA) was given a &#8220;SECTOR PERFORM&#8221; rating by National Bank, with a previous price target of $8.25, which was raised to a new price target of $10.25.<\/p>\n<p>iMetal Resources Inc. (IMR:CA) received a &#8220;BUY&#8221; rating from Fundamental Research, with a price target of $0.25.<\/p>\n<p>Ivanhoe Electric Inc. (IE:CA) was rated &#8220;OVERWEIGHT&#8221; by JP Morgan, with a price target of $24.00.<\/p>\n<p>Laurentian Bank of Canada (LB:CA) had its rating changed from &#8220;UNDERPERFORM&#8221; to &#8220;SECTOR PERFORM&#8221; by National Bank, with a previous price target of $27.00, which was increased to a new price target of $32.00.<\/p>\n<p>Lundin Mining Corp. (LUN:CA) received a &#8220;SECTOR PERFORM&#8221; rating from National Bank, with a previous price target of $11.25, which was raised to a new price target of $11.50.<\/p>\n<p>Lycos Energy Inc (LCX:CA) was rated &#8220;OUTPERFORM&#8221; by National Bank, with a price target of $10.00.<\/p>\n<p>Magna International Inc. (MGA) received an &#8220;OUTPERFORM&#8221; rating from Evercore Partners, with a previous price target of $75.00 USD, which was adjusted to a new price target of $70.00.<\/p>\n<p>Medexus Pharmaceuticals Inc. (MDP:CA) was rated &#8220;OUTPERFORM&#8221; by Raymond James, with a price target of $4.00.<\/p>\n<p>NFI Group Inc. (NFI:CA) received an &#8220;OUTPERFORM&#8221; rating from National Bank, with a previous price target of $18.00, which was reduced to a new price target of $15.00.<\/p>\n<p>Open Text Corp. (OTEX) was given an &#8220;OUTPERFORM&#8221; rating by BMO Capital Markets, with a previous price target of $45.00 USD, which was raised to a new price target of $50.00.<\/p>\n<p>Parkland Corporation (PKI:CA) received an &#8220;OUTPERFORM&#8221; rating from RBC Capital, with a previous price target of $48.00, which was lowered to a new price target of $47.00.<\/p>\n<p>Shawcor Ltd (MATR:CA) had its price target increased by Cormark Securities, from $25.00 to $26.50.<\/p>\n<p>Taseko Mines Ltd. (TKO:CA) was rated &#8220;SECTOR PERFORM&#8221; by National Bank, with a previous price target of $2.20, which was raised to a new price target of $2.40.<\/p>\n<p>Teck Resources Ltd. (TECK.B:CA) was given a &#8220;SECTOR PERFORM&#8221; rating by Scotiabank, with a previous price target of $75.00, which was revised to a new price target of $69.00.<\/p>\n<p>Teck Resources Ltd. (TECK.B:CA) received an &#8220;OVERWEIGHT&#8221; rating from JP Morgan, with a new price target of $52.00.<\/p>\n<p>Tourmaline Oil Corp (TOU:CA) had its price target reduced by Stifel Nicolaus, from a previous target of $80.00 to a new target of $78.00.<\/p>\n<p>Tourmaline Oil Corp. (TOU:CA) was rated &#8220;OUTPERFORM&#8221; by CIBC World Markets, with a previous price target of $82.50, which was lowered to a new price target of $77.00.<\/p>\n<p>Tourmaline Oil Corp. (TOU:CA) received an &#8220;OUTPERFORM&#8221; rating from ATB Capital, with a previous price target of $92.00, which was adjusted to a new price target of $90.00.<\/p>\n<p>Tourmaline Oil Corp. (TOU:CA) was given a &#8220;BUY&#8221; rating by Canaccord Genuity, with a previous price target of $78.00, which was reduced to a new price target of $75.00.<\/p>\n<p>Tourmaline Oil Corp. (TOU:CA) received an &#8220;OUTPERFORM&#8221; rating from National Bank, with a previous price target of $80.00, which was adjusted to a new price target of $75.00.<\/p>\n<p>Tourmaline Oil Corp. (TOU:CA) was rated &#8220;BUY&#8221; by TD Securities, with a previous price target of $79.00, which was revised to a new price target of $77.00.<\/p>\n<p>Tourmaline Oil Corp. (TOU:CA) received an &#8220;OUTPERFORM&#8221; rating from RBC Capital, with a previous price target of $86.00, which was adjusted to a new price target of $84.00.<\/p>\n<p>Please note that the ratings and price targets are based on analyst opinions as of October 17th, 2023.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2><a href=\"https:\/\/www.stocktargetadvisor.com\/analyst-ratings\/Canada\/\">More Canadian\u00a0<\/a><a href=\"https:\/\/www.stocktargetadvisor.com\/analyst-ratings\/Canada\/\">Analyst<img decoding=\"async\" class=\"alignnone wp-image-889\" src=\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\" sizes=\"(max-width: 29px) 85vw, 29px\" srcset=\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg 225w, http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo-150x150.jpeg 150w\" alt=\"\" width=\"29\" height=\"29\" \/><\/a><a href=\"https:\/\/www.stocktargetadvisor.com\/analyst-ratings\/Canada\/\">Ratings<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Analyst Ratings Update for TSX\/V Here is a summary of the Canadian analyst ratings changes for October 17th, 2023: Air Canada (AC:CA) received an &#8220;OUTPERFORM&#8221;&#8230;<\/p>\n","protected":false},"author":9,"featured_media":4542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-41623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canadian Analyst Ratings: Oct 17th | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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