Applied Digital earns target raise at Roth
Roth Capital Markets analyst Darren Aftahi raised his price target for Applied Digital (Applied Digital Stock Quote, Chart, News, Analysts, Financials NASDAQ:APLD) to US$43 from US$24 in a Sept. 30 earnings preview, maintaining a “Buy” rating as he looks to the timing of a potential lease for the company’s 280-megawatt Harwood, North Dakota site. The […]
Categories: Technology news
Dentalcorp sale suggests WELL Health is undervalued, Stifel says
Stifel analyst Justin Keywood maintained his “Buy” rating and C$9.00 target price for WELL Health Technologies (WELL Health Stock Quote, Chart, News, Analysts, Financials TSX:WELL) in a Sept. 29th note, arguing that recent Canadian healthcare take-outs highlight a disconnect between public market valuations and fair value for assets with strong secular tailwinds. He pointed to […]
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Is Genasys stock a buy?
Roth Capital Markets analyst Scott Searle reiterated a “Buy” rating and US$4.50 price target on Genasys (Genasys Stock Quote, Chart, News, Analysts, Financials NASDAQ:GNSS) in a Sept. 30 update, pointing to a meaningful milestone with the company’s first order under the U.S. Army’s Common Remotely Operated Weapon Stations (CROWS) program. After the close on Sept. […]
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AtkinsRéalis is “on fire”, this fund manager says
Greg Newman, senior wealth advisor and portfolio manager at Newman Group, ScotiaMcLeod, told BNN Bloomberg’s Market Watch on Sept. 25 that AtkinsRéalis (AtkinsRéalis Stock Quote, Chart, News, Analysts, Financials TSX:ATRL), formerly SNC-Lavalin, is the global engineering and project management company best positioned to benefit from Canada’s push for major “nation-building” projects. “PM Mark Carney’s national […]
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Post-financing, is Intermap still a buy?
Beacon Securities analyst Russell Stanley said in a Sept. 29 report that Intermap Technologies (Intermap Technologies Stock Quote, Chart, News, Analysts, Financials TSX:IMP) has materially improved its positioning to win new business following the closing of a C$28.8-million bought deal prospectus offering. He maintained a “Buy” rating and C$5.50 target. The offering, upsized from an […]
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Sanuwave Health is a buy, this analyst says
Roth Capital Markets analyst Kyle Bauser reiterated a “Buy” rating and US$55.00 target price for Sanuwave Health (Sanuwave Health Stock Quote, Chart, News, Analysts, Financials NASDAQ:SNWV) in a Sept. 28 report, highlighting the company’s favourable refinancing of its debt facility and the completion of a broader restructuring effort that began in 2024. Sanuwave is a […]
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The Constellation Software selloff is overdone, TD says
TD Cowen analyst David Kwan said on Sept. 25 that the recent sell-off in Constellation Software (Constellation Software Stock Quote, Chart, News, Analysts, Financials TSX:CSU) shares on concerns about the impact of artificial intelligence is “overdone” and reiterated a “Buy” rating with a $5,700.00 target, calling the stock one of his top picks. The average […]
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Hammond Power is a top pick for this fund manager
Sprung Investment Management president Michael Sprung told BNN Bloomberg’s Market Watch on Sept. 23 that Hammond Power Solutions (Hammond Power Solutions Stock Quote, Chart, News, Analysts, Financials TSX:HPS.A) remains well positioned to benefit from rising electricity demand tied to artificial intelligence, data centers, and electrification. “Hammond Power is definitely one of the companies that’s going […]
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Buy beaten-down Sylogist, this analyst says
Paradigm Capital analyst Daniel Rosenberg reaffirmed his “Buy” rating and $10.00 target price for Sylogist (Sylogist Stock Quote, Chart, News, Analysts, Financials TSXV:SYZ) in a Sept. 26 research note, arguing the Calgary-based Enterprise Resource Planning provider is exiting a transition period and positioned for stronger growth as it expands its SaaS mix and capitalizes on […]
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Is E3 Lithium a buy?
Roth Capital Markets analyst Joe Reagor reaffirmed his “Buy” rating and C$3.00 target price for E3 Lithium (E3 Lithium Stock Quote, Chart, News, Analysts, Financials TSXV:ETL) in a Sept. 25 note, following the company’s announcement that it has produced battery-grade lithium carbonate from Phase 1 of its Alberta demonstration plant. “We view this update as […]
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MineHub’s latest acquisition gets thumbs up at Haywood
Haywood Capital Markets analyst Gianluca Tucci said in a Sept. 25 note that MineHub Technologies’ (MineHub Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:MHUB) acquisition of Jules AI is a strategically sound move that expands its addressable market, strengthens its artificial intelligence capabilities, and positions the company as a digital infrastructure leader in metals supply […]
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BlackBerry earns price target raise at RBC
RBC Dominion Securities analyst Paul Treiber raised his target price for BlackBerry (BlackBerry Stock Quote, Chart, News, Analysts, Financials NYSE:BB) to US$4.50 from US$4.00 in a Sept. 25 note, while maintaining a “Sector Perform” rating. The Street average is US$4.84. As reported by the Globe and Mail, Treiber said second-quarter results, released the same day, […]
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Should you sell your Costco stock?
Roth Capital Markets analyst Bill Kirk lowered his expectations for Costco Wholesale (Costco Stock Quote, Chart, News, Analysts, Financials NASDAQ:COST) in a Sept. 26 report, maintaining a “Neutral” rating and $907.00 price target as comparable-store sales and renewal rates showed signs of slowing. “Performance has slowed (one-year and two-year), despite more hours,” he said, noting […]
Categories: Technology news
This analyst just raised his price target on TeraWulf
Roth Capital Markets analyst Darren Aftahi raised his target price on TeraWulf (TeraWulf Stock Quote, Chart, News, Analysts, Financials NASDAQ:WULF) US$21.50 from US$14.00 in a Sept. 25 update, citing a revised sum-of-the-parts valuation to reflect its announced high-performance computing power pipeline. He reiterated a “Buy” rating on the stock. “With evolving HPC/AI power demand, we […]
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Standard Lithium wins price target raise at Roth
Roth Capital Markets analyst Joe Reagor raised his price target for Standard Lithium (Standard Lithium Stock Quote, Chart, News, Analysts, Financials NYSE:SLI) to US$6 from US$4.50 on Sept. 25, citing stronger-than-expected results from its maiden resource estimate at the Franklin Project in East Texas. He reiterated a “Buy” rating. “The initial resource exceeded our expectations […]
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Should you sell your Air Canada stock?
National Bank Financial Capital Markets analyst Cameron Doerksen has downgraded Air Canada (Air Canada Stock Quote, Chart, News, Analysts, Financials TSX:AC) to “Sector Perform” from “Outperform” in a Sept. 24 report, citing near-term headwinds and “a lack of positive catalysts to drive the stock higher.” As reported by the Globe and Mail, the analyst also […]
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Should you sell your Motorola stock?
Caldwell Investment Management president and CEO Brendan Caldwell told BNN Bloomberg’s Market Watch on Sept. 22 that Motorola Solutions (Motorola Solutions Stock Quote, Chart, News, Analysts, Financials NYSE:MSI) remains a long-term holding in his firm’s portfolios, praising its dominant role in critical communications and security technology. “I like it because we’ve owned it a long […]
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Canada is entering “peak aging”, economist warns
RBC assistant chief economist Cynthia Leach warned in a Sept. 24 report that Canada is entering “peak aging” as the last of the baby boomers retire, creating a structural drag on the labour force and long-term growth, even as today’s labour market still struggles with cyclical weakness. “Despite current labour market weakness, Canada must prepare […]
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Open Text upgraded at Scotia Capital
Scotia Capital analyst Kevin Krishnaratne upgraded Open Text (Open Text Stock Quote, Chart, News, Analysts, Financials NASDAQ:OTEX) to “Sector Outperform” from “Sector Perform,” pointing to stronger conviction in the company’s Content Management business, which contributes about 40% of revenue and which he views as “an underappreciated asset.” As reported by the Globe and Mail, he […]
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Telus is Canada’s best telco stock, this fund manager says
First Avenue Investment Counsel Chief Investment Officer Brian Madden told BNN Bloomberg’s Market Watch on Sept. 18 that he sees Telus (Telus Stock Quote, Chart, News, Analysts, Financials TSX:T) as “the best telco in Canada,” pointing to a dividend yield of about 7.6% — well above its 10-year average of 5%. “We think not only […]
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