{"id":73403,"date":"2026-05-08T19:36:53","date_gmt":"2026-05-08T19:36:53","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=73403"},"modified":"2026-05-08T19:36:53","modified_gmt":"2026-05-08T19:36:53","slug":"canadian-analyst-updates-may-8th-2026","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-may-8th-2026\/","title":{"rendered":"Canadian Analyst Updates: May 8th, 2026"},"content":{"rendered":"

Analyst Ratings (Canada)<\/strong><\/a><\/h2>\n

Today’s analyst coverage for Canadian stocks show a more selective and\u00a0 increasing sensitivity to valuation and macro positioning rather than being uniformly bullish. A large share of coverage is skewed toward positive updates particularly in cyclicals tied to energy, industrials and select high-quality compounders. This indicates that analysts are still seeing fundamental earnings resilience and cash-flow visibility, especially in firms exposed to infrastructure spending, energy pricing support, and defensive growth demand.<\/p>\n

However, there is a parallel and important countertrend: a growing number of target cuts even alongside in interest-rate-sensitive sectors like REITs and financials and telecoms. This pattern typically signals that while long-term thesis remains intact, near-term multiple compression or slower growth expectations are being baked in, often due to higher-for-longer rates, slower consumption trends, or margin normalization.<\/p>\n

From a market perspective, the key signal is divergence rather than uniform direction. Analysts are not broadly turning negative, but they are clearly re-rating risk premiums rather than upgrading earnings trajectories at the same pace as before. That creates a backdrop where index-level upside becomes more dependent on a smaller subset of \u201cmomentum compounders\u201d (AI-adjacent tech, select energy, and infrastructure names) while broader market participation is weaker.<\/p>\n

169 Analyst Updates<\/strong><\/h3>\n
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5N Plus Inc. (VNP:CA)<\/strong> \u2014 ATB Cormark raised its target to $45.00 from $37.50 and maintained a Top Pick rating.<\/p>\n

5N Plus Inc. (VNP:CA)<\/strong> \u2014 Desjardins Securities raised its target to $43.00 from $35.50 and maintained a Buy rating.<\/p>\n

5N Plus Inc. (VNP:CA)<\/strong> \u2014 National Bank raised its target to $41.00 from $38.00 and maintained an Outperform rating.<\/p>\n

5N Plus Inc. (VNP:CA)<\/strong> \u2014 Raymond James raised its target to $45.00 from $38.00 and maintained an Outperform rating.<\/p>\n

ADENTRA Inc. (ADEN:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $45.00 target.<\/p>\n

AG Growth International Inc. (AFN:CA)<\/strong> \u2014 CIBC raised its target to $24.00 from $23.00 and maintained a Neutral rating.<\/p>\n

AGT Food and Ingredients Inc. (AGTF:CA)<\/strong> \u2014 Scotiabank reduced its target to $21.00 from $23.00, with a Outperform rating.<\/p>\n

AirBoss of America Corp. (BOS:CA)<\/strong> \u2014 TD Securities raised its target to $9.00 from $8.00 and maintained a Buy rating.<\/p>\n

Alaris Equity Partners Income Trust (AD.UN:CA)<\/strong> \u2014 Desjardins Securities raised its target to $26.50 from $26.00 and maintained a Buy rating.<\/p>\n

Alaris Equity Partners Income Trust (AD.UN:CA)<\/strong> \u2014 Raymond James raised its target to $27.25 from $27.00 and maintained an Outperform rating.<\/p>\n

Algonquin Power & Utilities Corp. (AQN:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $9.00 target.<\/p>\n

Altus Group Ltd. (AIF:CA)<\/strong> \u2014 CIBC maintained a Neutral rating with a $51.00 target.<\/p>\n

Altus Group Ltd. (AIF:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $55.00 target.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 BMO Capital Markets raised its target to $188.00 from $163.00.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 CIBC raised its target to $171.00 from $155.00, with a Outperform rating.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 Truist Securities raised its target to $185.00 from $164.00.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 Canaccord Genuity raised its target to $182.00 from $166.00 and maintained a Buy rating.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 Desjardins Securities raised its target to $175.00 from $148.00 and maintained a Buy rating.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $193.00 from $175.00 and maintained an Outperform rating.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 Stifel Nicolaus raised its target to $180.00 from $158.00.<\/p>\n

Aritzia Inc. (ATZ:CA)<\/strong> \u2014 TD Securities raised its target to $183.00 from $155.00 and maintained a Buy rating.<\/p>\n

Atco Ltd. (ACO.X:CA)<\/strong> \u2014 National Bank raised its target to $62.00 from $57.00 and maintained a Sector Perform rating.<\/p>\n

ATCO Ltd. (ACO.X:CA)<\/strong> \u2014 TD Securities raised its target to $69.00 from $67.00 and maintained a Hold rating.<\/p>\n

Athabasca Oil Corp. (ATH:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $12.50 from $12.00 and maintained a Sector Perform rating.<\/p>\n

Athabasca Oil Corp. (ATH:CA)<\/strong> \u2014 TD Securities maintained a Hold rating with a $11.00 target.<\/p>\n

Baytex Energy Corp. (BTE:CA)<\/strong> \u2014 ATB Cormark raised its target to $8.50 from $7.00 and maintained a Sector Perform rating.<\/p>\n

Baytex Energy Corp. (BTE:CA)<\/strong> \u2014 National Bank raised its target to $8.50 from $7.50 and maintained a Sector Perform rating.<\/p>\n

Baytex Energy Corp. (BTE:CA)<\/strong> \u2014 Raymond James raised its target to $8.00 from $7.00 and maintained an Outperform rating.<\/p>\n

Baytex Energy Corp. (BTE:CA)<\/strong> \u2014 Scotiabank raised its target to $7.50 from $6.50 and maintained a Outperform rating.<\/p>\n

Baytex Energy Corp. (BTE:CA)<\/strong> \u2014 CIBC maintained a Neutral rating with a $6.50 target.<\/p>\n

BCE Inc. (BCE:CA)<\/strong> \u2014 Desjardins Securities lowered its target to $41.00 from $41.50 and maintained a Buy rating.<\/p>\n

BCE Inc. (BCE:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $41.00 target.<\/p>\n

BCE Inc. (BCE:CA)<\/strong> \u2014 TD Securities maintained a Hold rating with a $37.00 target.<\/p>\n

Boardwalk REIT (BEI.UN:CA)<\/strong> \u2014 Raymond James lowered its target to $80.00 from $82.00 and maintained an Outperform rating.<\/p>\n

Brookfield Business Corporation (BBUC:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $60.00 target.<\/p>\n

Canadian Natural Resources Ltd. (CNQ:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $70.00 target.<\/p>\n

Canadian Natural Resources Ltd. (CNQ:CA)<\/strong> \u2014 Raymond James raised its target to $67.00 from $65.00 and maintained an Outperform rating.<\/p>\n

Canadian Natural Resources Ltd. (CNQ:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $72.00 target.<\/p>\n

Canadian Utilities Ltd. (CU:CA)<\/strong> \u2014 TD Securities raised its target to $48.00 from $47.00 and maintained a Hold rating.<\/p>\n

Canfor Corporation (CFP:CA)<\/strong> \u2014 CIBC maintained a Neutral rating with a $15.00 target.<\/p>\n

CAP REIT (CAR.UN:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $43.00 target.<\/p>\n

Cascades Inc. (CAS:CA)<\/strong> \u2014 National Bank lowered its target to $13.00 from $14.00 and maintained a Sector Perform rating.<\/p>\n

Cascades Inc. (CAS:CA)<\/strong> \u2014 RBC Capital Markets lowered its target to $14.00 from $15.00 and maintained an Outperform rating.<\/p>\n

Cascades Inc. (CAS:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $14.50 target.<\/p>\n

Cascades Inc. (CAS:CA)<\/strong> \u2014 TD Securities lowered its target to $13.00 from $14.00 and maintained a Buy rating.<\/p>\n

CES Energy Solutions Corp. (CEU:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $20.00 target.<\/p>\n

CES Energy Solutions Corp. (CEU:CA)<\/strong> \u2014 TD Securities raised its target to $19.00 from $18.00 and maintained a Hold rating.<\/p>\n

Chartwell Retirement Residences (CSH.UN:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $26.00 target.<\/p>\n

Chartwell Retirement Residences (CSH.UN:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $25.00 target.<\/p>\n

Crombie REIT (CRR.UN:CA)<\/strong> \u2014 Scotiabank increased its target to $18.00 from $17.00, and maintained an Outperform rating.<\/p>\n

Definity Financial Corp. (DFY:CA)<\/strong> \u2014 Barclays Capital raised its target to $79.00 from $78.00.<\/p>\n

Definity Financial Corp. (DFY:CA)<\/strong> \u2014 TD Securities raised its target to $86.00 from $85.00 and maintained a Buy rating.<\/p>\n

Definity Financial Corp. (DFY:CA)<\/strong> \u2014 CIBC maintained a Neutral rating with a $74.00 target.<\/p>\n

Definity Financial Corp. (DFY:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $79.00 target.<\/p>\n

Docebo Inc. (DCBO:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $38.00 target.<\/p>\n

Dream Industrial REIT (DIR.UN:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $16.00 target.<\/p>\n

Dream Industrial REIT (DIR.UN:CA)<\/strong> \u2014 Scotiabank increased its target to $16.00 from $15.50.and maintained a Sector Perform rating.<\/p>\n

Element Fleet Management Corp. (EFN:CA)<\/strong> \u2014 RBC Capital Markets lowered its target to $40.00 from $47.00 and maintained an Outperform rating.<\/p>\n

Element Fleet Management Corp. (EFN:CA)<\/strong> \u2014 TD Securities lowered its target to $38.00 from $41.00 and maintained a Buy rating.<\/p>\n

Element Fleet Management Corp. (EFN:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $41.00 target.<\/p>\n

Emera Inc. (EMA:CA)<\/strong> \u2014 CIBC maintained a Neutral rating with a $73.00 target.<\/p>\n

Enerflex Ltd. (EFX:CA)<\/strong> \u2014 BMO Capital Markets raised its target to $45.00 from $39.00.<\/p>\n

Enerflex Ltd. (EFX:CA)<\/strong> \u2014 ATB Cormark raised its target to $46.00 from $42.00 and maintained an Outperform rating.<\/p>\n

Enerflex Ltd. (EFX:CA)<\/strong> \u2014 National Bank raised its target to $42.50 from $31.50 and maintained an Outperform rating.<\/p>\n

Enerflex Ltd. (EFX:CA)<\/strong> \u2014 Raymond James raised its target to $45.00 from $40.00 and maintained an Outperform rating.<\/p>\n

Enerflex Ltd. (EFX:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $31.00 from $26.00 and maintained an Outperform rating.<\/p>\n

Enerflex Ltd. (EFX:CA)<\/strong> \u2014 TD Securities raised its target to $44.00 from $41.00 and maintained a Buy rating.<\/p>\n

Ensign Energy Services Inc. (ESI:CA)<\/strong> \u2014 TD Securities raised its target to $3.75 from $3.50 and maintained a Hold rating.<\/p>\n

Ensign Energy Services Inc. (ESI:CA)<\/strong> \u2014 TD Securities reiterated a Hold rating with a $3.75 target.<\/p>\n

Extendicare Inc. (EXE:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $32.00 target.<\/p>\n

Fortis Inc. (FTS:CA)<\/strong> \u2014 Barclays Capital lowered its target to $83.00 from $84.00 and maintained an Overweight rating.<\/p>\n

Fortis Inc. (FTS:CA)<\/strong> \u2014 National Bank raised its target to $75.00 from $74.00 and maintained a Sector Perform rating.<\/p>\n

Granite REIT (GRT.UN:CA)<\/strong> \u2014 Canaccord Genuity raised its target to $105.00 from $100.00 and maintained a Buy rating.<\/p>\n

Granite REIT (GRT.UN:CA)<\/strong> \u2014 CIBC raised its target to $105.00 from $98.00.<\/p>\n

Granite REIT (GRT.UN:CA)<\/strong> \u2014 Raymond James raised its target to $103.00 from $101.00 and maintained an Outperform rating.<\/p>\n

Granite REIT (GRT.UN:CA)<\/strong> \u2014 Scotiabank raised its target to $105.00 from $100.00 and maintained a Outperform rating.<\/p>\n

Granite REIT (GRT.UN:CA)<\/strong> \u2014 TD Securities raised its target to $101.00 from $96.00 and maintained a Buy rating.<\/p>\n

Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 BMO Capital Markets raised its target to $76.00 from $70.00.<\/p>\n

Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $77.00 from $64.00.<\/p>\n

Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 CIBC raised the target to $81.00 from $75.00.<\/p>\n

Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 Desjardins Securities raised its target to $80.00 from $71.00 and maintained a Hold rating.<\/p>\n

Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 National Bank raised its target to $73.00 from $65.00 and maintained a Sector Perform rating.<\/p>\n

Great-West Lifeco Inc. (GWO:CA)<\/strong> \u2014 Scotiabank raised its target to $83.00 from $78.00 and maintained a Outperform rating.<\/p>\n

IGM Financial Inc. (IGM:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $79.00 target.<\/p>\n

IGM Financial Inc. (IGM:CA)<\/strong> \u2014 Scotiabank increased its target to $79.00 from $76.00.<\/p>\n

Ivanhoe Mines Ltd. (IVN:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $13.00 target.<\/p>\n

Ivanhoe Mines Ltd. (IVN:CA)<\/strong> \u2014 Scotiabank lowered its target to $13.00 from $13.50.<\/p>\n

Jamieson Wellness Inc. (JWEL:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $48.00 target.<\/p>\n

Jamieson Wellness Inc. (JWEL:CA)<\/strong> \u2014 CIBC raised its target to $44.00 from $43.00 and maintained an Outperform rating.<\/p>\n

Kelt Exploration Ltd. (KEL:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $11.00 target.<\/p>\n

Killam Apartment REIT (KMP.UN:CA)<\/strong> \u2014 National Bank raised its target to $20.00 from $19.75 and maintained an Outperform rating.<\/p>\n

Killam Apartment REIT (KMP.UN:CA)<\/strong> \u2014 Raymond James raised its target to $20.25 from $20.00 and maintained an Outperform rating.<\/p>\n

Killam Apartment REIT (KMP.UN:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $22.00 from $21.00 and maintained an Outperform rating.<\/p>\n

Killam Apartment REIT (KMP.UN:CA)<\/strong> \u2014 Scotiabank raised its target to $20.00 from $19.50 and maintained a Outperform rating.<\/p>\n

Killam Apartment REIT (KMP.UN:CA)<\/strong> \u2014 TD Securities raised its target to $21.00 from $20.00 and maintained a Buy rating.<\/p>\n

Kinaxis Inc. (KXS:CA)<\/strong> \u2014 BMO Capital Markets raised its target to $185.00 from $180.00.<\/p>\n

Kinaxis Inc. (KXS:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $210.00 from $200.00 and maintained an Outperform rating.<\/p>\n

Kinaxis Inc. (KXS:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $200.00 target.<\/p>\n

Kinaxis Inc. (KXS:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $200.00 target.<\/p>\n

Knight Therapeutics Inc. (GUD:CA)<\/strong> \u2014 Canaccord Genuity assigned a Buy rating with a $9.50 target.<\/p>\n

Libertystream Infrastructure Partners (LIB:CA)<\/strong> \u2014 Benchmark initiated coverage with a Buy rating and a $2.00 target.<\/p>\n

Lundin Gold Inc. (LUG:CA)<\/strong> \u2014 ATB Cormark upgraded the stock to Outperform with a $130.00 target.<\/p>\n

Lundin Mining Corp. (LUN:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $44.00 target.<\/p>\n

Lundin Mining Corp. (LUN:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $36.00 target.<\/p>\n

Maple Leaf Foods Inc. (MFI:CA)<\/strong> \u2014 Canaccord Genuity raised its target to $38.00 from $37.00 and maintained a Buy rating.<\/p>\n

Maple Leaf Foods Inc. (MFI:CA)<\/strong> \u2014 National Bank raised its target to $37.00 from $35.00 and maintained an Outperform rating.<\/p>\n

Maple Leaf Foods Inc. (MFI:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $34.00 from $33.00 and maintained an Outperform rating.<\/p>\n

Maple Leaf Foods Inc. (MFI:CA)<\/strong> \u2014 Scotiabank raised its target to $36.00 from $32.00 and maintained a Outperform rating.<\/p>\n

Maple Leaf Foods Inc. (MFI:CA)<\/strong> \u2014 Stifel Nicolaus raised its target to $36.00 from $35.00 and maintained a Buy rating.<\/p>\n

Maple Leaf Foods Inc. (MFI:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $42.00 target.<\/p>\n

Maple Leaf Foods Inc. (MFI:CA)<\/strong> \u2014 Ventum Capital raised its target to $39.00 from $37.00 and maintained a Buy rating.<\/p>\n

MDA Space (MDA:CA)<\/strong> \u2014 Morgan Stanley raised its target to $58.00 from $51.00.<\/p>\n

MDA Space (MDA:CA)<\/strong> \u2014 ATB Cormark lowered its target to $53.00 from $54.00 and maintained an Outperform rating.<\/p>\n

MDA Space (MDA:CA)<\/strong> \u2014 Desjardins Securities raised its target to $55.00 from $53.00 and maintained a Buy rating.<\/p>\n

MDA Space (MDA:CA)<\/strong> \u2014 Scotiabank raised its target to $53.00 from $49.00 and maintained aOutperform rating.<\/p>\n

NexGen Energy Ltd. (NXE:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $22.00 target.<\/p>\n

NexGen Energy Ltd. (NXE:CA)<\/strong> \u2014 Scotiabank increased its target to $22.00 from $18.00.<\/p>\n

NFI Group Inc. (NFI:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $25.00 target.<\/p>\n

NFI Group Inc. (NFI:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $22.00 target.<\/p>\n

Nutrien Ltd. (NTR:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $120.00 target.<\/p>\n

Open Text Corp. (OTEX:CA)<\/strong> \u2014 Citigroup raised its target to $34.50 from $36.00 and maintained a Neutral rating.<\/p>\n

Open Text Corp. (OTEX:CA)<\/strong> \u2014 Raymond James raised its target to $48.00 from $58.00 and maintained an Outperform rating.<\/p>\n

Open Text Corp. (OTEX:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $37.00 from $41.00 and maintained a Sector Perform rating.<\/p>\n

Open Text Corp. (OTEX:CA)<\/strong> \u2014 Scotiabank raised its target to $55.00 from $69.00 and maintained a Outperform rating.<\/p>\n

Open Text Corp. (OTEX:CA)<\/strong> \u2014 Citigroup reiterated a Neutral rating with a $34.50 target.<\/p>\n

Open Text Corp. (OTEX:CA)<\/strong> \u2014 CIBC maintained a Neutral rating with a $37.00 target.<\/p>\n

Pason Systems Inc. (PSI:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $18.00 target.<\/p>\n

Pembina Pipeline Corp. (PPL:CA)<\/strong> \u2014 TD Securities maintained a Hold rating with a $65.00 target.<\/p>\n

Pembina Pipeline Corp. (PPL:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $65.00 target.<\/p>\n

Pembina Pipeline Corp. (PPL:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $66.00 target.<\/p>\n

Premium Brands Holdings Corp. (PBH:CA)<\/strong> \u2014 CIBC raised its target to $115.00 from $110.00.<\/p>\n

Premium Brands Holdings Corp. (PBH:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $131.00 from $129.00 and maintained an Outperform rating.<\/p>\n

Premium Brands Holdings Corp. (PBH:CA)<\/strong> \u2014 Scotiabank raised its target to $110.00 from $100.00 and maintained a Outperform rating.<\/p>\n

Premium Brands Holdings Corp. (PBH:CA)<\/strong> \u2014 Stifel Nicolaus raised its target to $117.00 from $112.00 and maintained a Buy rating.<\/p>\n

Premium Brands Holdings Corp. (PBH:CA)<\/strong> \u2014 Ventum Capital raised its target to $128.00 from $124.00 and maintained a Buy rating.<\/p>\n

Primo Brands Corp. (PRMB)<\/strong> \u2014 TD Securities maintained a Buy rating with a $29.00 target.<\/p>\n

RioCan REIT (REI.UN:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $24.00 from $22.00 and maintained an Outperform rating.<\/p>\n

Savaria Corp. (SIS:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $35.00 target.<\/p>\n

SmartCentres REIT (SRU.UN:CA)<\/strong> \u2014 National Bank raised its target to $28.00 from $27.00 and maintained a Sector Perform rating.<\/p>\n

SmartCentres REIT (SRU.UN:CA)<\/strong> \u2014 Scotiabank raised its target to $28.50 from $27.50 and maintained a Sector Perform rating.<\/p>\n

South Bow Corp. (SOBO:CA)<\/strong> \u2014 TD Securities raised its target to $47.00 from $44.00 and maintained a Hold rating.<\/p>\n

South Bow Corp. (SOBO:CA)<\/strong> \u2014 Scotiabank raised its target to $49.00 from $46.00.<\/p>\n

South Bow Corp. (SOBO:CA)<\/strong> \u2014 CIBC maintained a Neutral rating with a $45.00 target.<\/p>\n

Sun Life Financial Inc. (SLF:CA)<\/strong> \u2014 BMO Capital Markets raised its target to $105.00 from $99.00.<\/p>\n

Sun Life Financial Inc. (SLF:CA)<\/strong> \u2014 CIBC raised its target to $102.00 from $95.00.<\/p>\n

Sun Life Financial Inc. (SLF:CA)<\/strong> \u2014 Scotiabank lowered its target to $98.00 from $100.00, with a Sector Perform rating.<\/p>\n

Thomson Reuters Corp. (TRI:CA)<\/strong> \u2014 Barclays Capital raised its target to $191.00 from $170.00 and maintained an Overweight rating.<\/p>\n

Tidewater Midstream (TWM:CA)<\/strong> \u2014 ATB Cormark raised its target to $17.00 from $9.00 and maintained a Sector Perform rating.<\/p>\n

Tidewater Midstream (TWM:CA)<\/strong> \u2014 National Bank raised its target to $15.00 from $9.50 and maintained a Sector Perform rating.<\/p>\n

Tidewater Midstream (TWM:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $18.00 from $11.00 and maintained a Sector Perform rating.<\/p>\n

Tidewater Midstream (TWM:CA)<\/strong> \u2014 Scotiabank raised its target to $17.00 from $9.00 and maintained a Sector Perform rating.<\/p>\n

Tidewater Renewables Ltd. (LCFS:CA)<\/strong> \u2014 ATB Cormark raised its target to $12.00 from $8.00 and maintained a Speculative Buy rating.<\/p>\n

Tidewater Renewables Ltd. (LCFS:CA)<\/strong> \u2014 National Bank raised its target to $13.25 from $8.00 and maintained a Sector Perform rating.<\/p>\n

Tidewater Renewables Ltd. (LCFS:CA)<\/strong> \u2014 RBC Capital Markets raised its target to $12.50 from $7.50 and maintained a Sector Perform rating.<\/p>\n

Trisura Group Ltd. (TSU:CA)<\/strong> \u2014 Raymond James raised its target to $57.25 from $57.00 and maintained an Outperform rating.<\/p>\n

Trisura Group Ltd. (TSU:CA)<\/strong> \u2014 Scotiabank maintained a Sector Perform rating with a $52.00 target.<\/p>\n

Trisura Group Ltd. (TSU:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $60.00 target.<\/p>\n

Vermilion Energy Inc. (VET:CA)<\/strong> \u2014 TD Securities maintained a Hold rating with a $18.00 target.<\/p>\n

WELL Health Technologies Corp. (WELL:CA)<\/strong> \u2014 CIBC maintained an Outperform rating with a $5.50 target.<\/p>\n

Western Forest Products Inc. (WEF:CA)<\/strong> \u2014 TD Securities maintained a Hold rating with a $17.00 target.<\/p>\n

Wheaton Precious Metals Corp. (WPM-N)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $244.00 target.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 BMO Capital Markets lowered its target to $305.00 from $334.00.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 CIBC lowered its target to $318.00 from $328.00.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 ATB Cormark lowered its target to $330.00 from $335.00 and maintained an Outperform rating.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 Canaccord Genuity lowered its target to $315.00 from $345.00 and maintained a Buy rating.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 Desjardins Securities lowered its target to $372.00 from $375.00 and maintained a Buy rating.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 National Bank raised its target to $272.00 from $268.00 and maintained an Outperform rating.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 Scotiabank maintained an Outperform rating with a $286.00 target.<\/p>\n

WSP Global Inc. (WSP:CA)<\/strong> \u2014 TD Securities maintained a Buy rating with a $307.00 target.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Analyst Ratings (Canada) Today’s analyst coverage for Canadian stocks show a more selective and\u00a0 increasing sensitivity to valuation and macro positioning rather than being uniformly…<\/p>\n","protected":false},"author":3,"featured_media":37645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73403","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"\nCanadian Analyst Updates: May 8th, 2026 | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-may-8th-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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