Google is still a great investment, this fund manager says
Scotia Wealth Management fund manager Stan Wong says Alphabet’s (Alphabet Stock Quote, Chart, News, Analysts, Financials NASDAQ:GOOGL) AI monetization is becoming more visible, strengthening the case for a stock his firm has held for several years. Speaking on BNN Bloomberg’s Market Call on June 11, Wong said concerns from a year or two ago about […]
Categories: Technology news
This analyst just chopped his price target on Haivision
Beacon Securities analyst Donangelo Volpe says Haivision Systems’ (Haivision Systems Stock Quote, Chart, News, Analysts, Financials TSX:HAI) second-quarter results were hit by margin pressure and delayed conversion of larger opportunities, prompting him to lower his target. In a June 12 update, Volpe maintained his “Buy” rating on Haivision but cut his target to $7.50 from […]
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MDA Space still has plenty of upside, this analyst says
Beacon Securities analyst Russell Stanley says recent defence contract wins and renewed investor attention on the space sector should support MDA Space (MDA Space Stock Quote, Chart, News, Analysts, Financials TSX:MDA), which he continues to view as attractively valued. In a June 12 update, Stanley reiterated his “Buy” rating and street-high $73.00 target on MDA. […]
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This analyst just raised his price target on D2L
National Bank Financial analyst Doug Taylor says D2L’s (D2L Stock Quote, Chart, News, Analysts, Financials TSX:DTOL) first-quarter results showed improving ARR trends and “compelling value for a well-positioned software asset.” In a June 11 update, Taylor maintained his “Outperform” rating on D2L and raised his target to $15.00 from $14.00. D2L reported first-quarter fiscal 2027 […]
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Keel Infrastructure keeps $10.00 price target at ATB
ATB Capital Markets analyst Martin Toner has resumed coverage of Keel Infrastructure (Keel Infrastructure Stock Quote, Chart, News, Analysts, Financials TSX:KEEL) with an “Outperform” rating and $10.00 target after the company closed a $458-million convertible note offering. In a June 11 update, Toner said Keel issued $458-million of 1.25% convertible senior notes due 2032, including […]
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RBC lowers price target on Enghouse Systems
RBC Dominion Securities analyst Paul Treiber says poor sentiment toward software stocks, weak organic growth and limited capital deployment are likely to keep pressure on Enghouse Systems’ (Enghouse Systems Stock Quote, Chart, News, Analysts, Financials TSX:ENGH) valuation. As reported by the Globe and Mail, on June 11, Treiber lowered his target on Enghouse to $18.00 […]
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InterDigital is a buy, this analyst says
Roth Capital Partners analyst Scott Searle says InterDigital’s (InterDigital Stock Quote, Chart, News, Analysts, Financials NASDAQ:IDCC) new patent licence agreement with Amazon is a major validation of the company’s streaming opportunity and intellectual property portfolio. In a June 10 update, Searle maintained his “Buy” rating and $425.00 target on InterDigital. InterDigital said it has entered […]
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Yes, IBM is an AI play, this investor says
Black Swan Dexteritas president and portfolio manager Kim Bolton says IBM (IBM Stock Quote, Chart, News, Analysts, Financials NYSE:IBM) remains attractive despite a recent execution misstep, citing its exposure to AI and quantum computing. Speaking on BNN Bloomberg’s Market Call on June 10, Bolton said IBM may sound “a bit boring,” but the company has […]
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This analyst just raised his price target on Hammond Power Solutions
National Bank Financial analyst Baltej Sidhu says Hammond Power Solutions’ (Hammond Power Solutions Stock Quote, Chart, News, Analysts, Financials TSX:HPS.A) growth profile remains supported by energy transition and electrification demand, with data centres continuing to drive the story. As reported by the Globe and Mail, In a June 9 report, Sidhu maintained his “Outperform” rating […]
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Is Sailpoint stock still a buy?
Roth Capital Partners analyst Taz Koujalgi says SailPoint (SailPoint Stock Quote, Chart, News, Analysts, Financials NASDAQ:SAIL) delivered a good quarter, with results ahead of Street expectations, but he sees limited near-term upside after a smaller ARR beat and guidance raised largely by the amount of the beat. In a June 9 update, Koujalgi maintained his […]
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When the price of oil comes down Expedia will go up, this investor says
Propellus Wealth Partners portfolio manager and senior wealth advisor Mike Vinokur says Expedia (Expedia Stock Quote, Chart, News, Analysts, Financials NASDAQ:EXPE) has the scale, relationships and brand strength to withstand potential AI disruption. Speaking on BNN Bloomberg’s Market Call on June 8, Vinokur said Expedia’s relationships across hotels, airlines, car rentals and travel providers give […]
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Buy Carrier Connect Data for 150% upside, this analyst says
Beacon Securities analyst Gabriel Leung says Carrier Connect Data Solutions’ (Carrier Connect Data Solutions Stock Quote, Chart, News, Analysts, Financials TSXV:CCDS) planned acquisition of Rochester Colo gives the company its first U.S. data centre foothold and adds another asset with available capacity to scale. In a June 9 update, Leung maintained his “Buy” rating and […]
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This analyst likes Polaris Renewable right now
Beacon Securities analyst Kirk Wilson says Polaris Renewable Energy (Polaris Renewable Energy Stock Quote, Chart, News, Analysts, Financials TSX:PIF) is moving closer to entering Mexico, a development that could materially expand the company’s generating capacity. In a June 9 update, Wilson maintained his “Buy” rating and $20.00 target on Polaris. His target is based on […]
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Kneat shareholders should take the deal, Stifel says
Stifel analyst Justin Keywood says investors should hold Kneat Solutions (Kneat.com Stock Quote, Chart, News, Analysts, Financials TSX:KSI) shares after the company agreed to be acquired by software private equity firm Thoma Bravo in an all-cash deal valued at about $650-million. On June 9, Keywood moved his target on Kneat to $6.50 from $5.75 to […]
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Revolve Renewable Power is a catalyst rich story, this analyst says
Beacon Securities analyst Kirk Wilson notes that Revolve Renewable Power (Revolve Renewable Power Stock Quote, Chart, News, Analysts, Financials CSE:REVV) has added three U.S. utility-scale solar development projects to its pipeline. In a June 9 report, Wilson said Revolve has signed definitive agreements to acquire three solar projects with a combined capacity of 125 MW. […]
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Trulieve’s NYSE listing is a ” landmark milestone”, this analyst says
Haywood Securities analyst Neal Gilmer says Trulieve Cannabis’ (Trulieve Cannabis Stock Quote, Chart, News, Analysts, Financials CSE:TRUL) approval to list on the New York Stock Exchange is a landmark event for the company and the broader U.S. cannabis sector. In a June 8 update, Gilmer raised his target on Trulieve to C$24.00 from C$19.00 and […]
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Paradigm trims price target on Haivision Systems
Paradigm Capital analyst Daniel Rosenberg says Haivision Systems (Haivision Stock Quote, Chart, News, Analysts, Financials TSX:HAI) could face near-term pressure from defence deployment delays and softer broadcasting demand, but it remains constructive on the company’s longer-term outlook. In a June 5 research brief, the analyst maintained its “Buy” rating on Haivision while lowering its target […]
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MDA Space earns big price target raise at Desjardins
Desjardins Securities analyst Benoit Poirier says he has increased confidence in MDA Space (MDA Space Stock Quote, Chart, News, Analysts, Financials TSX:MDA) after hosting investors for a tour of the company’s Montreal facility and a meeting with its leadership team. As reported by the Globe and Mail, Poirier maintained his “Buy” rating on MDA and […]
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Should you sell your VersaBank stock?
Roth Capital Partners analyst Craig Irwin says though he remains neutral on the stock, VersaBank (VersaBank Stock Quote, Chart, News, Analysts, Financials NASDAQ:VBNK) posted solid second-quarter results, supported by strong loan growth and early momentum in digital assets. In a June 8 update, Irwin maintained his “Neutral” rating on VersaBank while raising his target to […]
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Why hard assets will continue to gain value in this economy
Research Capital analyst Greg McLeish says the Bank of Canada is facing a more difficult policy backdrop, with soft domestic growth colliding with renewed inflation pressure from higher energy prices and geopolitical instability. In a June 8 research report, McLeish said the Bank of Canada’s decision to hold its policy rate at 2.25% highlighted a […]
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