{"id":73628,"date":"2026-05-25T20:53:55","date_gmt":"2026-05-25T20:53:55","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=73628"},"modified":"2026-05-25T20:53:55","modified_gmt":"2026-05-25T20:53:55","slug":"canadian-analyst-updates-may-22nd-2026","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/canadian-analyst-updates-may-22nd-2026\/","title":{"rendered":"Canadian Analyst Updates: May 22nd, 2026"},"content":{"rendered":"

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

Today’s analyst ratings update signals a neutral-to-cautious market outlook, with analysts largely maintaining existing ratings. Commodities and mining sectors remain the most supported, wth financials and REITs being mostly neutral due to rate sensitivities, while growth and tech stocks continue to face valuation pressure through lower target valuation adjustments.\u00a0 The current thesis is of a stock-picking environment, rather than a strong sector-wide trend.\u00a0 \u00a0Over all the current outlook is range-bound, with growth stocks under pressure, resources supported, with no strong macro drivers for a positive broad market narrative.<\/p>\n

25 Analyst Updates<\/strong><\/h3>\n
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Agnico Eagle Mines Ltd.<\/strong> (AEM:CA) \u2014 Barclays maintained an Overweight rating and held its $292 target.<\/p>\n

Amex Exploration Inc.<\/strong> (AMX:CA) \u2014 National Bank kept its $6.50 target while maintaining an Outperform rating.<\/p>\n

Atrium Mortgage Investment Corp.<\/strong> (AI:CA) \u2014 Fundamental Research initiated coverage with a Buy rating and a $13.00 target.<\/p>\n

Barrick Mining Corp.<\/strong> (ABX:CA) \u2014 Barclays Capital maintained an Equal-Weight rating and held its $56 target.<\/p>\n

Blackline Safety Corp.<\/strong> (BLN:CA) \u2014 RBC Capital raised its price target to $9.25 while downgrading to a Sector Perform rating, from a Outperform.<\/p>\n

CAE Inc.<\/strong> (CAE:CA) \u2014 Scotiabank cut its target to $50 from $56, while keeping a Outperform, and CIBC maintained an Outperform rating with a $56 target.<\/p>\n

Cameco Corp.<\/strong> (CCO:CA) \u2014 Barclays Capital maintained an Equal-Weight rating with a $149 target.<\/p>\n

Canadian Net REIT<\/strong> (NET-UN:CA) \u2014 CIBC maintained a Neutral rating with a $7 target.<\/p>\n

Celestica Inc.<\/strong> (CLS:CA) \u2014 CIBC maintained an Outperform rating with a $662 target.<\/p>\n

Computer Modelling Group Ltd.<\/strong> (CMG:CA) \u2014 Raymond James cut its price target to $6.00 from $7.00, while maintaining an Outperform rating.<\/p>\n

Decibel Cannabis Company<\/strong> (DB:CA) \u2014 TD Securities raised its price target to $0.25 from $0.15, while maintaining a Buy rating.<\/p>\n

Dye & Durham Ltd.<\/strong> (DND:CA) \u2014 CIBC maintained a Neutral rating, with a $4.00 target.<\/p>\n

Fortune Minerals Limited<\/strong> (FT:CA) \u2014 Fundamental Research initiated coverage with a Buy rating and a $0.63 target.<\/p>\n

Hudbay Minerals Inc.<\/strong> (HBM:CA) \u2014 Barclays maintained an Overweight rating with a $41 target.<\/p>\n

IGM Financial Inc.<\/strong> (IGM:CA) \u2014 CIBC maintained a Neutral rating with a $79 target.<\/p>\n

Lightspeed Commerce Inc<\/strong>. (LSPD:CA): Stifel Nicolaus lowered its price target to $14 from $16.50 while maintaining a Hold rating.<\/p>\n

Lightspeed Commerce Inc.<\/strong> (LSPD:CA): RBC Capital lowered its price target to $14 from $18 while maintaining an Outperform rating.<\/p>\n

Lightspeed Commerce Inc.<\/strong> (LSPD:CA): BTIG cut its price target to $16.50 from $20.50 while maintaining a Buy rating.<\/p>\n

Lightspeed Commerce Inc.<\/strong> (LSPD:CA): CIBC lowered its price target to $25 from $30 while maintaining an Outperform rating.<\/p>\n

Lundin Mining Corp.<\/strong> (LUN:CA) \u2014 Barclays Capital maintained an Equal-Weight rating with a $42 target.<\/p>\n

Olympia Financial Group Inc.<\/strong> (OLY:CA) \u2014 Fundamental Research initiated coverage with a Buy rating and a $158.24 target.<\/p>\n

Slate Grocery REIT<\/strong> (SGR-U:CA) \u2014 CIBC maintained a Neutral rating with an $11 target.<\/p>\n

Star Copper Corp.<\/strong> (STCU:CA) \u2014 Fundamental Research initiated coverage with a Buy rating and a $2.35 target.<\/p>\n

TELUS Corporation<\/strong> (T:CA) \u2014 CIBC maintained an Outperform rating with a $24 target.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Analyst Ratings (Canada) Today’s analyst ratings update signals a neutral-to-cautious market outlook, with analysts largely maintaining existing ratings. Commodities and mining sectors remain the most…<\/p>\n","protected":false},"author":3,"featured_media":25127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73628","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 22nd, 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-22nd-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian Analyst Updates: May 22nd, 2026\" \/>\n<meta property=\"og:description\" content=\"Analyst Ratings (Canada) Today’s analyst ratings update signals a neutral-to-cautious market outlook, with analysts largely maintaining existing ratings. 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