{"id":73396,"date":"2026-05-08T04:08:39","date_gmt":"2026-05-08T04:08:39","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=73396"},"modified":"2026-05-08T04:08:39","modified_gmt":"2026-05-08T04:08:39","slug":"canadian-analyst-updates-may-7th-2026","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-may-7th-2026\/","title":{"rendered":"Canadian Analyst Updates: May 7th, 2026"},"content":{"rendered":"<h2><a href=\"https:\/\/www.stocktargetadvisor.com\/blog\/?p=73396&amp;preview=true\"><strong>Analyst Ratings (Canada)<\/strong><\/a><\/h2>\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"b00f0831-9f9b-4be1-a746-d5cb09633bf9\" data-message-model-slug=\"gpt-5-3-mini\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert w-full wrap-break-word light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"1050\" data-is-last-node=\"\" data-is-only-node=\"\">Canadian analyst sentiment remains generally positive, with the strongest conviction in energy, industrials, infrastructure, seniors housing, and AI\/data-centre-related stocks, which saw continued supportive ratings driven by solid earnings power and infrastructure\/AI spending trends. Financials and insurers stayed constructive but with slightly tempered upside as valuation and normalization concerns led to some target reductions. Precious metals also remained favored, with bullish views on gold producers amid ongoing macro uncertainty.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3><strong>103 Analyst Updates<\/strong><\/h3>\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"0aad3f79-6e1b-415f-ab34-4145c1b335ea\" data-message-model-slug=\"gpt-5-5\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert w-full wrap-break-word light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"103\"><strong data-start=\"0\" data-end=\"39\">AbraSilver Resource Corp. (ABRA:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a C$20 target.<\/p>\n<p data-start=\"105\" data-end=\"236\"><strong data-start=\"105\" data-end=\"146\">Ag Growth International Inc. (AFN:CA)<\/strong> \u2014 ATB Cormark raised its target price to $25 from $22 while maintaining Sector Perform.<\/p>\n<p data-start=\"238\" data-end=\"352\"><strong data-start=\"238\" data-end=\"262\">Atco Ltd. (ACO.X:CA)<\/strong> \u2014 RBC Capital raised its target price to $71 from $66 while maintaining Sector Perform.<\/p>\n<p data-start=\"354\" data-end=\"467\"><strong data-start=\"354\" data-end=\"378\">Atco Ltd. (ACO.X:CA)<\/strong> \u2014 Scotiabank raised its target price to $70 from $67 while maintaining Sector Perform.<\/p>\n<p data-start=\"469\" data-end=\"580\"><strong data-start=\"469\" data-end=\"507\">Athabasca Oil Corporation (ATH:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $10 target.<\/p>\n<p data-start=\"582\" data-end=\"707\"><strong data-start=\"582\" data-end=\"619\">AtkinsR\u00e9alis Group Inc. (ATRL:CA)<\/strong> \u2014 ATB Cormark raised its target price to $123 from $122 while maintaining Outperform.<\/p>\n<p data-start=\"709\" data-end=\"798\"><strong data-start=\"709\" data-end=\"734\">B2Gold Corp. (BTO:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $10 target.<\/p>\n<p data-start=\"800\" data-end=\"898\"><strong data-start=\"800\" data-end=\"834\">Blue Moon Metals Inc. (MOON:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a C$13 target.<\/p>\n<p data-start=\"900\" data-end=\"1020\"><strong data-start=\"900\" data-end=\"930\">Boardwalk REIT (BEI.UN:CA)<\/strong> \u2014 Desjardins Securities lowered its target price to $77 from $78 while maintaining Buy.<\/p>\n<p data-start=\"1022\" data-end=\"1139\"><strong data-start=\"1022\" data-end=\"1052\">Boardwalk REIT (BEI.UN:CA)<\/strong> \u2014 RBC Capital lowered its target price to $81 from $82 while maintaining Outperform.<\/p>\n<p data-start=\"1141\" data-end=\"1263\"><strong data-start=\"1141\" data-end=\"1171\">Boardwalk REIT (BEI.UN:CA)<\/strong> \u2014 Scotia lowered its target price to $74.50 from $75.50 while maintaining Sector Perform.<\/p>\n<p data-start=\"1361\" data-end=\"1473\"><strong data-start=\"1361\" data-end=\"1391\">Boardwalk REIT (BEI.UN:CA)<\/strong> \u2014 TD Securities lowered its target price to $82 from $85 while maintaining a Buy rating.<\/p>\n<p data-start=\"1569\" data-end=\"1696\"><strong data-start=\"1569\" data-end=\"1608\">Canadian Tire Corp. Ltd. (CTC.A:CA)<\/strong> \u2014 RBC Capital raised its target price to $220 from $211 while maintaining Outperform.<\/p>\n<p data-start=\"1698\" data-end=\"1825\"><strong data-start=\"1698\" data-end=\"1733\">Canadian Utilities Ltd. (CU:CA)<\/strong> \u2014 National Bank raised its target price to $46 from $45 while maintaining Sector Perform.<\/p>\n<p data-start=\"1827\" data-end=\"1952\"><strong data-start=\"1827\" data-end=\"1862\">Canadian Utilities Ltd. (CU:CA)<\/strong> \u2014 RBC Capital raised its target price to $50 from $49 while maintaining Sector Perform.<\/p>\n<p data-start=\"1954\" data-end=\"2041\"><strong data-start=\"1954\" data-end=\"1979\">Canfor Corp. (CFP:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $16 target.<\/p>\n<p data-start=\"2043\" data-end=\"2163\"><strong data-start=\"2043\" data-end=\"2075\">Cenovus Energy Inc. (CVE:CA)<\/strong> \u2014 Raymond James raised its target price to $42 from $41 while maintaining Outperform.<\/p>\n<p data-start=\"2165\" data-end=\"2283\"><strong data-start=\"2165\" data-end=\"2197\">Cenovus Energy Inc. (CVE:CA)<\/strong> \u2014 RBC Capital raised its target price to $45 from $42 while maintaining Outperform.<\/p>\n<p data-start=\"2285\" data-end=\"2409\"><strong data-start=\"2285\" data-end=\"2317\">Cenovus Energy Inc. (CVE:CA)<\/strong> \u2014 Scotiabank raised its target price to $44 from $38 while maintaining a Outperform.<\/p>\n<p data-start=\"2509\" data-end=\"2603\"><strong data-start=\"2509\" data-end=\"2541\">Cenovus Energy Inc. (CVE:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $45 target.<\/p>\n<p data-start=\"2605\" data-end=\"2704\"><strong data-start=\"2605\" data-end=\"2640\">Collective Mining Ltd. (CNL:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $35 target.<\/p>\n<p data-start=\"2706\" data-end=\"2797\"><strong data-start=\"2706\" data-end=\"2734\">Crombie REIT (CRR.UN:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $17 target.<\/p>\n<p data-start=\"2799\" data-end=\"2904\"><strong data-start=\"2799\" data-end=\"2831\">Dexterra Group Inc. (DXT:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $14 target.<\/p>\n<p data-start=\"2906\" data-end=\"3030\"><strong data-start=\"2906\" data-end=\"2943\">Dream Industrial REIT (DIR.UN:CA)<\/strong> \u2014 TD Securities raised its target price to $15.50 from $15.00 while maintaining Buy.<\/p>\n<p data-start=\"3136\" data-end=\"3271\"><strong data-start=\"3136\" data-end=\"3179\">Element Fleet Management Corp. (EFN:CA)<\/strong> \u2014 Raymond James lowered its target price to $42 from $42.50 while maintaining Outperform.<\/p>\n<p data-start=\"3273\" data-end=\"3386\"><strong data-start=\"3273\" data-end=\"3322\">Element Fleet Management Corporation (EFN:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $41 target.<\/p>\n<p data-start=\"3388\" data-end=\"3482\"><strong data-start=\"3388\" data-end=\"3419\">Equinox Gold Corp. (EQX:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $26 target.<\/p>\n<p data-start=\"3484\" data-end=\"3606\"><strong data-start=\"3484\" data-end=\"3518\">First Capital REIT (FCR.UN:CA)<\/strong> \u2014 BMO raised its target price to $24.20 from $22.00 while maintaining Market Perform.<\/p>\n<p data-start=\"3608\" data-end=\"3695\"><strong data-start=\"3608\" data-end=\"3632\">Fortis Inc. (FTS:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $80 target.<\/p>\n<p data-start=\"3697\" data-end=\"3802\"><strong data-start=\"3697\" data-end=\"3721\">Fortis Inc. (FTS:CA)<\/strong> \u2014 TD Securities raised its target price to $84 from $83 while maintaining Buy.<\/p>\n<p data-start=\"3998\" data-end=\"4090\"><strong data-start=\"3998\" data-end=\"4026\">Granite REIT (GRT.UN:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $100 target.<\/p>\n<p data-start=\"4092\" data-end=\"4181\"><strong data-start=\"4092\" data-end=\"4127\">Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 Barclays raised its target price to $73 from $70.<\/p>\n<p data-start=\"4183\" data-end=\"4282\"><strong data-start=\"4183\" data-end=\"4218\">Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a C$78 target.<\/p>\n<p data-start=\"4284\" data-end=\"4400\"><strong data-start=\"4284\" data-end=\"4319\">Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 TD Securities raised its target price to $80 from $73 while maintaining Buy.<\/p>\n<p data-start=\"4501\" data-end=\"4632\"><strong data-start=\"4501\" data-end=\"4544\">Hammond Power Solutions Inc. (HPS.A:CA)<\/strong> \u2014 ATB Cormark raised its target price to $350 from $250 while maintaining Outperform.<\/p>\n<p data-start=\"4634\" data-end=\"4764\"><strong data-start=\"4634\" data-end=\"4677\">Hammond Power Solutions Inc. (HPS.A:CA)<\/strong> \u2014 Canaccord Genuity raised its target price to $348 from $226 while maintaining Buy.<\/p>\n<p data-start=\"4766\" data-end=\"4899\"><strong data-start=\"4766\" data-end=\"4809\">Hammond Power Solutions Inc. (HPS.A:CA)<\/strong> \u2014 National Bank raised its target price to $325 from $235 while maintaining Outperform.<\/p>\n<p data-start=\"4901\" data-end=\"5032\"><strong data-start=\"4901\" data-end=\"4944\">Hammond Power Solutions Inc. (HPS.A:CA)<\/strong> \u2014 RBC Capital raised its target price to $350 from $250 while maintaining Outperform.<\/p>\n<p data-start=\"5034\" data-end=\"5168\"><strong data-start=\"5034\" data-end=\"5076\">iA Financial Corporation Inc. (IAG:CA)<\/strong> \u2014 Scotiabank lowered its target price to $168 from $183 while maintaining Sector Perform.<\/p>\n<p data-start=\"5278\" data-end=\"5387\"><strong data-start=\"5278\" data-end=\"5320\">iA Financial Corporation Inc. (IAG:CA)<\/strong> \u2014 TD Securities maintained a Neutral rating with a $168 target.<\/p>\n<p data-start=\"5389\" data-end=\"5518\"><strong data-start=\"5389\" data-end=\"5424\">Intact Financial Corp. (IFC:CA)<\/strong> \u2014 RBC Capital adjusted its target price to $289 from $304 while maintaining Sector Perform.<\/p>\n<p data-start=\"5520\" data-end=\"5623\"><strong data-start=\"5520\" data-end=\"5561\">Intact Financial Corp. (IFC:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $320 target.<\/p>\n<p data-start=\"5625\" data-end=\"5732\"><strong data-start=\"5625\" data-end=\"5656\">Ivanhoe Mines Ltd. (IVN:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a C$13.50 target.<\/p>\n<p data-start=\"5734\" data-end=\"5844\"><strong data-start=\"5734\" data-end=\"5763\">K-Bro Linen Inc. (KBL:CA)<\/strong> \u2014 TD Securities raised its target price to $52 from $50 while maintaining Buy.<\/p>\n<p data-start=\"5939\" data-end=\"6046\"><strong data-start=\"5939\" data-end=\"5964\">Keyera Corp. (KEY:CA)<\/strong> \u2014 TD Securities lowered its target price to $60 from $62 while maintaining Buy.<\/p>\n<p data-start=\"6137\" data-end=\"6250\"><strong data-start=\"6137\" data-end=\"6174\">Killam Apartment REIT (KMP.UN:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a C$19.50 target.<\/p>\n<p data-start=\"6252\" data-end=\"6342\"><strong data-start=\"6252\" data-end=\"6277\">Kinaxis Inc. (KXS:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a C$200 target.<\/p>\n<p data-start=\"6344\" data-end=\"6470\"><strong data-start=\"6344\" data-end=\"6375\">Kits Eyecare Ltd. (KITS:CA)<\/strong> \u2014 ATB Cormark lowered its target price to $16.75 from $20 while maintaining Speculative Buy.<\/p>\n<p data-start=\"6472\" data-end=\"6589\"><strong data-start=\"6472\" data-end=\"6503\">Kits Eyecare Ltd. (KITS:CA)<\/strong> \u2014 Canaccord Genuity lowered its target price to $22 from $23 while maintaining Buy.<\/p>\n<p data-start=\"6591\" data-end=\"6712\"><strong data-start=\"6591\" data-end=\"6622\">Kits Eyecare Ltd. (KITS:CA)<\/strong> \u2014 Desjardins Securities lowered its target price to $23 from $25 while maintaining Buy.<\/p>\n<p data-start=\"6714\" data-end=\"6820\"><strong data-start=\"6714\" data-end=\"6745\">Kits Eyecare Ltd. (KITS:CA)<\/strong> \u2014 Stifel lowered its target price to $21 from $24 while maintaining Buy.<\/p>\n<p data-start=\"6822\" data-end=\"6900\"><strong data-start=\"6822\" data-end=\"6848\">Linamar Corp. (LNR:CA)<\/strong> \u2014 CIBC raised its target price to $110 from $105.<\/p>\n<p data-start=\"6902\" data-end=\"7021\"><strong data-start=\"6902\" data-end=\"6928\">Linamar Corp. (LNR:CA)<\/strong> \u2014 Raymond James raised its target price to $100 from $90 while maintaining Market Perform.<\/p>\n<p data-start=\"7023\" data-end=\"7138\"><strong data-start=\"7023\" data-end=\"7049\">Linamar Corp. (LNR:CA)<\/strong> \u2014 Scotiabank raised its target price to $99 from $96 while maintaining Sector Perform.<\/p>\n<p data-start=\"7140\" data-end=\"7249\"><strong data-start=\"7140\" data-end=\"7166\">Linamar Corp. (LNR:CA)<\/strong> \u2014 TD Securities raised its target price to $119 from $116 while maintaining Buy.<\/p>\n<p data-start=\"7456\" data-end=\"7539\"><strong data-start=\"7456\" data-end=\"7488\">Loblaw Companies Ltd. (L:CA)<\/strong> \u2014 CIBC lowered its target price to $69 from $75.<\/p>\n<p data-start=\"7541\" data-end=\"7659\"><strong data-start=\"7541\" data-end=\"7573\">Loblaw Companies Ltd. (L:CA)<\/strong> \u2014 Scotiabank lowered its target price to $64 from $70 while maintaining Sector Perform.<\/p>\n<p data-start=\"7661\" data-end=\"7755\"><strong data-start=\"7661\" data-end=\"7693\">Loblaw Companies Ltd. (L:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a C$75 target.<\/p>\n<p data-start=\"7856\" data-end=\"7949\"><strong data-start=\"7856\" data-end=\"7885\">Lundin Gold Inc. (LUG:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $90 target.<\/p>\n<p data-start=\"7951\" data-end=\"8052\"><strong data-start=\"7951\" data-end=\"7989\">Lundin Mining Corporation (LUN:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $36 target.<\/p>\n<p data-start=\"8054\" data-end=\"8137\"><strong data-start=\"8054\" data-end=\"8073\">Nutrien (NTR:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $102 target.<\/p>\n<p data-start=\"8233\" data-end=\"8355\"><strong data-start=\"8233\" data-end=\"8268\">Pet Valu Holdings Ltd. (PET:CA)<\/strong> \u2014 RBC Capital lowered its target price to $27 from $33 while maintaining Outperform.<\/p>\n<p data-start=\"8357\" data-end=\"8490\"><strong data-start=\"8357\" data-end=\"8406\">Restaurant Brands International Inc. (QSR:CA)<\/strong> \u2014 Citigroup lowered its target price to $115 from $120 while maintaining Neutral.<\/p>\n<p data-start=\"8492\" data-end=\"8632\"><strong data-start=\"8492\" data-end=\"8541\">Restaurant Brands International Inc. (QSR:CA)<\/strong> \u2014 Scotiabank raised its target price to $113 from $110 while maintaining Sector Perform.<\/p>\n<p data-start=\"8843\" data-end=\"8962\"><strong data-start=\"8843\" data-end=\"8874\">Russel Metals Inc. (RUS:CA)<\/strong> \u2014 National Bank raised its target price to $52 from $51 while maintaining Outperform.<\/p>\n<p data-start=\"8964\" data-end=\"9083\"><strong data-start=\"8964\" data-end=\"8995\">Russel Metals Inc. (RUS:CA)<\/strong> \u2014 Raymond James raised its target price to $65 from $60 while maintaining Outperform.<\/p>\n<p data-start=\"9085\" data-end=\"9202\"><strong data-start=\"9085\" data-end=\"9116\">Russel Metals Inc. (RUS:CA)<\/strong> \u2014 RBC Capital raised its target price to $63 from $55 while maintaining Outperform.<\/p>\n<p data-start=\"9204\" data-end=\"9327\"><strong data-start=\"9204\" data-end=\"9235\">Russel Metals Inc. (RUS:CA)<\/strong> \u2014 Scotiabank raised its target price to $62 from $54 while maintaining Sector Outperform.<\/p>\n<p data-start=\"9426\" data-end=\"9535\"><strong data-start=\"9426\" data-end=\"9457\">Russel Metals Inc. (RUS:CA)<\/strong> \u2014 Stifel Nicolaus raised its target price to $58.50 from $49 while maintaining Hold.<\/p>\n<p data-start=\"9537\" data-end=\"9638\"><strong data-start=\"9537\" data-end=\"9576\">Sangoma Technologies Corp. (STC:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $10 target.<\/p>\n<p data-start=\"9640\" data-end=\"9765\"><strong data-start=\"9640\" data-end=\"9675\">Saturn Oil &amp; Gas Inc. (SOIL:CA)<\/strong> \u2014 ATB Cormark raised its target price to $8.50 from $7.00 while maintaining Outperform.<\/p>\n<p data-start=\"9767\" data-end=\"9891\"><strong data-start=\"9767\" data-end=\"9802\">Saturn Oil &amp; Gas Inc. (SOIL:CA)<\/strong> \u2014 Canaccord Genuity raised its target price to $7.50 from $7.00 while maintaining Buy.<\/p>\n<p data-start=\"9893\" data-end=\"10022\" data-is-last-node=\"\" data-is-only-node=\"\"><strong data-start=\"9893\" data-end=\"9928\">Saturn Oil &amp; Gas Inc. (SOIL:CA)<\/strong> \u2014 National Bank raised its target price to $8.00 from $7.50 while maintaining Sector Perform.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"z-0 flex min-h-[46px] justify-start\">\n<p data-start=\"0\" data-end=\"95\"><strong data-start=\"0\" data-end=\"32\">Savaria Corporation (SIS:CA)<\/strong> \u2014 Scotiabank maintained a Neutral rating with a C$33 target.<\/p>\n<p data-start=\"97\" data-end=\"221\"><strong data-start=\"97\" data-end=\"135\">Sienna Senior Living Inc. (SIA:CA)<\/strong> \u2014 ATB Cormark raised its target price to $26 from $25 while maintaining Outperform.<\/p>\n<p data-start=\"223\" data-end=\"352\"><strong data-start=\"223\" data-end=\"261\">Sienna Senior Living Inc. (SIA:CA)<\/strong> \u2014 Canaccord Genuity raised its target price to $27.50 from $26.00 while maintaining Buy.<\/p>\n<p data-start=\"354\" data-end=\"484\"><strong data-start=\"354\" data-end=\"392\">Sienna Senior Living Inc. (SIA:CA)<\/strong> \u2014 Scotiabank raised its target price to $26 from $25 while maintaining Outperform.<\/p>\n<p data-start=\"589\" data-end=\"708\"><strong data-start=\"589\" data-end=\"627\">Sienna Senior Living Inc. (SIA:CA)<\/strong> \u2014 TD Securities raised its target price to $27 from $26 while maintaining Buy.<\/p>\n<p data-start=\"812\" data-end=\"909\"><strong data-start=\"812\" data-end=\"845\">SmartCentres REIT (SRU.UN:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $27.50 target.<\/p>\n<p data-start=\"911\" data-end=\"1022\"><strong data-start=\"911\" data-end=\"935\">Sprott Inc. (SII:CA)<\/strong> \u2014 Canaccord Genuity raised its target price to $230 from $200 while maintaining Buy.<\/p>\n<p data-start=\"1024\" data-end=\"1136\"><strong data-start=\"1024\" data-end=\"1048\">Sprott Inc. (SII:CA)<\/strong> \u2014 RBC Capital raised its target price to $230 from $218 while maintaining Outperform.<\/p>\n<p data-start=\"1138\" data-end=\"1246\"><strong data-start=\"1138\" data-end=\"1162\">Sprott Inc. (SII:CA)<\/strong> \u2014 TD Securities raised its target price to $205 from $190 while maintaining Hold.<\/p>\n<p data-start=\"1338\" data-end=\"1418\"><strong data-start=\"1338\" data-end=\"1367\">Stella-Jones Inc. (SJ:CA)<\/strong> \u2014 CIBC lowered its target price to $87 from $96.<\/p>\n<p data-start=\"1420\" data-end=\"1541\"><strong data-start=\"1420\" data-end=\"1449\">Stella-Jones Inc. (SJ:CA)<\/strong> \u2014 Desjardins Securities lowered its target price to $104 from $107 while maintaining Buy.<\/p>\n<p data-start=\"1543\" data-end=\"1662\"><strong data-start=\"1543\" data-end=\"1572\">Stella-Jones Inc. (SJ:CA)<\/strong> \u2014 Raymond James lowered its target price to $95 from $100 while maintaining Outperform.<\/p>\n<p data-start=\"1664\" data-end=\"1784\"><strong data-start=\"1664\" data-end=\"1693\">Stella-Jones Inc. (SJ:CA)<\/strong> \u2014 RBC Capital lowered its target price to $85 from $93 while maintaining Sector Perform.<\/p>\n<p data-start=\"1786\" data-end=\"1878\"><strong data-start=\"1786\" data-end=\"1815\">Stella-Jones Inc. (SJ:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $97 target.<\/p>\n<p data-start=\"1974\" data-end=\"2085\"><strong data-start=\"1974\" data-end=\"2012\">Strathcona Resources Ltd. (SCR:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $46 target.<\/p>\n<p data-start=\"2087\" data-end=\"2206\"><strong data-start=\"2087\" data-end=\"2125\">Strathcona Resources Ltd. (SCR:CA)<\/strong> \u2014 TD Securities raised its target price to $49 from $47 while maintaining Buy.<\/p>\n<p data-start=\"2310\" data-end=\"2437\"><strong data-start=\"2310\" data-end=\"2346\">Sun Life Financial Inc. (SLF:CA)<\/strong> \u2014 National Bank lowered its target price to $108 from $109 while maintaining Outperform.<\/p>\n<p data-start=\"2439\" data-end=\"2539\"><strong data-start=\"2439\" data-end=\"2475\">Sun Life Financial Inc. (SLF:CA)<\/strong> \u2014 Scotiabank maintained a Neutral rating with a $100 target.<\/p>\n<p data-start=\"2541\" data-end=\"2660\"><strong data-start=\"2541\" data-end=\"2577\">Sun Life Financial Inc. (SLF:CA)<\/strong> \u2014 TD Securities raised its target price to $107 from $102 while maintaining Buy.<\/p>\n<p data-start=\"2868\" data-end=\"2970\"><strong data-start=\"2868\" data-end=\"2906\">Torex Gold Resources Inc. (TXG:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $95 target.<\/p>\n<p data-start=\"3079\" data-end=\"3187\"><strong data-start=\"3079\" data-end=\"3112\">Tourmaline Oil Corp. (TOU:CA)<\/strong> \u2014 BMO downgraded the stock to Market Perform with a $70 target up from $67.<\/p>\n<p data-start=\"3189\" data-end=\"3292\"><strong data-start=\"3189\" data-end=\"3222\">Tourmaline Oil Corp. (TOU:CA)<\/strong> \u2014 Canaccord Genuity downgraded the stock to Hold from Buy with a $70 target.<\/p>\n<p data-start=\"3294\" data-end=\"3390\"><strong data-start=\"3294\" data-end=\"3327\">Tourmaline Oil Corp. (TOU:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $75 target.<\/p>\n<p data-start=\"3392\" data-end=\"3488\"><strong data-start=\"3392\" data-end=\"3425\">Tourmaline Oil Corp. (TOU:CA)<\/strong> \u2014 TD Securities maintained a Hold rating with a $65 target.<\/p>\n<p data-start=\"3591\" data-end=\"3700\"><strong data-start=\"3591\" data-end=\"3618\">TransAlta Corp. (TA:CA)<\/strong> \u2014 TD Securities lowered its target price to $26 from $27 while maintaining Buy.<\/p>\n<p data-start=\"3793\" data-end=\"3889\"><strong data-start=\"3793\" data-end=\"3826\">TransAlta Corporation (TA:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $27 target.<\/p>\n<p data-start=\"3891\" data-end=\"3990\"><strong data-start=\"3891\" data-end=\"3924\">TransAlta Corporation (TA:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a C$27 target.<\/p>\n<p data-start=\"3992\" data-end=\"4115\"><strong data-start=\"3992\" data-end=\"4026\">Vermilion Energy Inc. (VET:CA)<\/strong> \u2014 National Bank lowered its target price to $27 from $30 while maintaining Outperform.<\/p>\n<p data-start=\"4117\" data-end=\"4214\"><strong data-start=\"4117\" data-end=\"4151\">Vermilion Energy Inc. (VET:CA)<\/strong> \u2014 Scotiabank maintained\u00a0 Sector Perform rating with a $19 target.<\/p>\n<p data-start=\"4318\" data-end=\"4411\"><strong data-start=\"4318\" data-end=\"4346\">WSP Global Inc. (WSP:CA)<\/strong> \u2014 Scotiabank maintained a Outperform rating with a $286 target.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Analyst Ratings (Canada) Canadian analyst sentiment remains generally positive, with the strongest conviction in energy, industrials, infrastructure, seniors housing, and AI\/data-centre-related stocks, which saw continued&#8230;<\/p>\n","protected":false},"author":3,"featured_media":72188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73396","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"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 Updates: May 7th, 2026 | Stock Target 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