This company’s deal with Anthropic is huge, analyst says
Riot Platforms’ (Riot Platforms Stock Quote, Chart, News, Analysts, Financials NASDAQ:RIOT) new 910-megawatt data centre lease at its Corsicana campus in Texas could generate approximately US$28-billion in contracted revenue over 15 years, prompting ATB Cormark Capital Markets analyst Martin Toner to raise his target to US $50.00 from US$30.00 on Nov. 5. Toner maintained his […]
Categories: Technology news
AIRO Group Holdings is a buy, this analyst says
Roth Capital Partners analyst Craig Irwin initiated coverage of AIRO Group Holdings (Airo Group Holdings Stock Quote, Chart, News, Analysts, Financials NASDAQ:AIRO) with a “Buy” rating and US$16 .00 target, citing growing military drone demand, an established customer base and opportunities to expand sales to the U.S. defence sector. In a Nov. 3 report, Irwin […]
Categories: Technology news
Decisive Dividend Corporation is a buy, this analyst says
Beacon Securities analyst Russell Stanley maintained his “Buy” rating and $12.50 target on Decisive Dividend Corporation (Decisive Dividend Corporation Stock Quote, Chart, News, Analysts, Financials TSXV:DE),arguing its recent acquisition of a European fireplace manufacturer and potential for further acquisitions could support earnings growth and improve shareholder returns. Stanley noted that the Kelowna, B.C.-based company’s shares […]
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5N Plus: this analyst just hiked his price target
Ventum Capital Markets analyst Daniel Lavoie raised his target on 5N Plus (5N Plus Stock Quote, Chart, News, Analysts, Financials TSX:VNP) to $45.00 from $44.00 following stronger-than-expected third-quarter results, saying improving margins and growing demand from renewable energy, medical imaging and space applications support further earnings growth. Lavoie maintained his “Buy” rating on the Montreal-based […]
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What to make of the Organigram, Aurora Cannabis deal?
Organigram Global (Organigram Global Stock Quote, Chart, News, Analysts, Financials TSX:OGI) has agreed to acquire Aurora Cannabis for approximately $561-million in a cash-and-stock transaction that would expand its international medical cannabis operations and create opportunities for more than $50-million in cost savings. The Nov. 3 agreement values Aurora at $7.80 per share and follows the […]
Categories: Technology news
Is Thinkific (TSX:THNC) a buy right now?
Thinkific Labs’ (Thinkific Labs Stock Quote, Chart, News, Analysts, Financials TSX:THNC) third-quarter results suggest recent price increases and growth in larger enterprise customers could offset declining subscriptions among smaller users, supporting more stable revenue and stronger free cash flow. In his Nov. 4 report, ATB Cormark Capital Markets analyst Gavin Fairweather maintained his “Outperform” rating […]
Categories: Technology news
RBC lowers price target on Hammond Power Solutions
RBC Capital Markets analyst Nelson Ng lowered his target on Hammond Power Solutions (Hammond Power Solutions Stock Quote, Chart, News, Analysts, Financials TSX:HPS.A) to $320.00 from $350.00, citing weaker sector valuations and moderating growth expectations despite stronger-than-expected third-quarter results. On Nov. 2, Ng maintained his “Outperform” rating, saying demand from data centres and broader electrification […]
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Quarterhill: Buy, Sell or Hold?
Quarterhill’s (Quarterhill Stock Quote, Chart, News, Analysts, Financials TSX:QTRH) pending acquisition of Conduent Business Services’ tolling operations will be a key focus when the Toronto-based transportation technology company reports third-quarter results Nov. 10, according to Beacon Securities analyst Gabriel Leung. In his Nov. 3 report, Leung said investors will be looking for confirmation that the […]
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Is Premium Brands Holdings stock a buy right now?
Desjardins Securities analyst Chris Li maintained his “Buy” rating and $110.00 target on Premium Brands Holdings (Premium Brands Holdings Stock Quote, Chart, News, Analysts, Financials TSX:PBH), saying weak consumer spending could pressure near-term results but improving cash flow and a potential asset sale could support a recovery in the shares. Li said the company’s depressed […]
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Is it time to sell your Shopify stock?
Shopify (Shopify Stock Quote, Chart, News, Analysts, Financials TSX:SHOP) reported its first quarterly revenue miss against analyst expectations in three years, but strong free cash flow and early growth in AI-driven shopping suggest the Ottawa-based e-commerce company has opportunities to expand its business. ATB Cormark Capital Markets analyst Martin Toner raised his target on Shopify […]
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RBC trims price target on Telesat
On Nov. 2, RBC Capital Markets analyst Drew McReynolds lowered his target on Telesat (Telesat Stock Quote, Chart, News, Analysts, Financials TSX:TSAT) to $94.00 from $95.00, citing a modest delay in the rollout of its Lightspeed satellite network, but the analyst maintained his “Outperform” rating and positive outlook for the company’s long-term growth prospects. McReynolds […]
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Buy this Canadian space stock for a triple, analyst says
Beacon Securities analyst Russell Stanley maintained his “Buy” rating and $1.50 target on Maritime Launch Services (Maritime Launch Services Stock Quote, Chart, News, Analysts, Financials TSX:MAXQ), saying its graduation to the Toronto Stock Exchange could attract more investors as demand for satellite launch facilities increases. Stanley said the Halifax-based company’s move from Cboe Canada to […]
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VerticalScope Holdings Q3 preview
On Nov. 2, Beacon Securities analyst Gabriel Leung maintained his “Speculative Buy” rating and $6.00 target on VerticalScope Holdings (VerticalScope Holdings Stock Quote, Chart, News, Analysts, Financials TSX:FORA), as he believes the company’s investments in artificial intelligence could help reduce its dependence on Google Search traffic and support a recovery in advertising revenue. Leung said […]
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Should you sell your MISTRAS Group stock now?
Roth Capital Partners analyst Gerry Sweeney downgraded MISTRAS Group (MISTRAS Group Stock Quote, Chart, News, Analysts, Financials NYSE:MG) to “Neutral” from “Buy” and lowered his target to US$20.35 from US$24.00, arguing that the company’s pending acquisition by H.I.G. Capital leaves little potential upside for shareholders. On Nov. 3, Sweeney said the expiry of the acquisition’s […]
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Why this investor loves ASML Holding
Velocity Investment Partners senior wealth manager Brianne Gardner says ASML Holding (ASML Stock Quote, Chart, News, Analysts, Financials NASDAQ:ASML) could gain approximately 45% over the next six to 12 months, citing its dominant position in semiconductor manufacturing equipment and growing demand for chips used in artificial intelligence. Speaking on BNN Bloomberg’s Market Call on Oct. […]
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Should you by GRID stock ahead of Q3 results?
Beacon Securities analyst Gabriel Leung maintained his “Buy” rating and $7.00 target on Tantalus Systems Holdings (Tantalus Systems Holding Stock Quote, Chart, News, Analysts, Financials TSX:GRID), saying demand for electricity grid modernization remains strong despite longer utility purchasing cycles and rising component costs. Leung said in his Nov. 2 report the Vancouver-based company’s third-quarter results, […]
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Three Canadian tech stocks that pay a dividend
A dividend yield alone tells investors little about whether a stock deserves a place in their portfolio. In a November 1 article published by The Motley Fool Canada and syndicated on Yahoo Finance, Aditya Raghunath argues that competition from fixed-income investments makes dividend quality particularly important. He highlights three considerations: the potential for payout growth, […]
Categories: Technology news
RBC chops price target on Air Canada
RBC Capital Markets analyst James McGarragle lowered his target on Air Canada (Air Canada Stock Quote, Chart, News, Analysts, Financials TSX:AC) to $28.00 from $37.00, citing continued pressure from high fuel prices, but maintained his “Outperform” rating following stronger-than-expected third-quarter operating performance. In an update following the Montreal-based airline’s Oct. 29 results, McGarragle said Air […]
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Hammond Power Solutions: this analyst just raised his price target
Paradigm Capital analyst Razi Hasan raised his target on Hammond Power Solutions (Hammond Power Solutions Stock Quote, Chart, News, Analysts, Financials TSX:HPS.A) to $400 from $380 following stronger-than-expected third-quarter results, citing accelerating data centre demand, improving margins and increased manufacturing capacity. On Nov. 1, Hasan maintained his “Buy” rating, raising his earnings forecasts for 2026 […]
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This analyst just slashed his price target on ProMIS Neurosciences
Roth Capital Partners analyst Boobalan Pachaiyappan cut his target on ProMIS Neurosciences (ProMIS Neurosciences Stock Quote, Chart, News, Analysts, Financials NASDAQ:PMN) to US$15.00 from US$29.00 following a 70% decline in its shares, but maintained his “Buy” rating, arguing that investors may be overstating the implications of a failed Alzheimer’s disease trial involving a competing treatment. […]
Categories: Technology news