MDA wins huge price target raise at RBC
Count RBC Capital Markets analyst Ken Herbert among the believers in MDA (MDA Stock Quote, Chart, News, Analysts, Financials TSX:MDA). Prime Minister Mark Carney, last month following a NATO summit in the Netherlands, confirmed that Canada would join other countries in raising defense spending to five per cent of its GDP within a decade. “We […]
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Netlist stock is a buy, Roth says
Roth Capital Markets analyst Suji Desilva said in a July 3 report that Netlist (Netlist Stock Quote, Chart, News, Analysts, Financials NASDAQ:NLST) has strengthened its balance sheet through a registered direct offering, providing near-term support for its strategic plan and ongoing litigation. Desilva maintained a “Buy” rating on the stock with a 12-month price target […]
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Theratechnologies shareholders should take the deal, Research Capital says
Research Capital analyst Andre Uddin is recommending Theratechnologies (Theratechnologies Stock Quote, Chart, News, Analysts, Financials NASDAQ:THTX) shareholders tender their shares to the proposed US$4.20 per share acquisition offer from CB Biotechnology, an affiliate of Future Pak. In a July 3 report, Uddin said the total offer, comprised of US$3.01 in cash and up to US$1.19 […]
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Haywood raises price target on KITS Eyecare to $21.00
Haywood Capital Markets analyst Gianluca Tucci reiterated a “Buy” rating on KITS Eyecare (KITS Eyecare Stock Quote, Chart, News, Analysts, Financials TSXV:KITS) and raised his target price to $21.00 from $18.00 in a July 2 update. Tucci said KITS is well-positioned to continue outpacing industry growth as it leads the shift from brick-and-mortar to online […]
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QBTS stock is still undervalued, this analyst says
Roth Capital Markets analyst Suji Desilva maintained a “Buy” rating and US$18.00 target on D-Wave Quantum (D-Wave Quantum Stock Quote, Chart, News, Analysts, Financials NTSE:QBTS) in a July 1 update, highlighting the company’s strengthened balance sheet following the completion of its latest at-the-market (ATM) stock offering. Desilva said D-Wave now holds the highest cash position […]
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Rogers Communications wins price target raise at National Bank
Macro headwinds continue to affect the wireless business in Canada, but National Bank Financials analyst Adam Shine likes what he sees from Rogers Communications (Rogers Communications Stock Quote, Chart, News, Analysts, Financials TSX:RCI.B) As reported by the Globe and Mail Shine June 30 maintained his “Outperform” rating and raised his price target on the stock […]
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A Canadian recession is unlikely, RBC says
Canada’s economy contracted modestly in April, with real GDP edging down 0.1% as U.S. trade disruptions led to a sharp decline in goods exports, RBC Senior Economist Claire Fan said in a June 27 report. The contraction was concentrated in a few key sectors, most notably manufacturing and wholesale trade, which both fell by 1.9% […]
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Air Canada stock is a buy, Citi says
Don’t worry about it. That’s the takeaway from a recent report by Citi analyst Stephen Trent on Air Canada (Air Canada Stock Quote, Chart, News, Analysts, Financials TSX:AC). Trent says he thinks a recent report from Canada’s Competition Bureau -warning that the market is dominated by AC and WestJet to a unhealthy degree- may not […]
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CIBC says BlackBerry is a buy
Following first quarter results that were cheered by the street, CIBC analyst Todd Coupland has maintained his “Buy” rating and (U.S.) $6.00 price target on BlackBerry (BlackBerry Stock Quote, Chart, News, Analysts, Financials NYSE:BB). On June 24, BlackBerry reported its Q1, 2026 results. The company posted Adjusted EBITDA of $16.4-million on revenue of $121.7-million “BlackBerry […]
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Hydreight Technologies is an interesting stock, this analyst says
Hydreight Technologies (Hydreight Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:NURS) is accelerating its efforts to build what it calls the largest “compliance-first” mobile clinic network in the United States, Beacon Securities analyst Gabriel Leung said in a June 27 watchlist report. With the U.S. home healthcare market expected to reach $340 billion by 2027, […]
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TeraWulf earns price target raise at Roth
Roth Capital Markets analyst Darren Aftahi raised his price target on TeraWulf (TeraWulf Stock Quote, Chart, News, Analysts, Financials NASDAQ:WULF) to $7.00 and maintained a “Buy” rating in a June 26 report, following meetings with company executives at Roth’s London Conference. He said the CB1 facility could be ready earlier than expected in Q3, project […]
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Haywood raises price target on Tornado Infrastructure Equipment
Haywood Capital Markets analyst Gianluca Tucci raised his target price on Tornado Infrastructure Equipment (Tornado Infrastructure Equipment Stock Quote, Chart, News, Analysts, Financials TSXV:TGH) to $2.80 from $2.50 and maintained a “Buy” rating in a June 26 note, after the company announced a new supply agreement with Ascend Hydrovacs worth at least $88.2-million in gross […]
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Medexus Pharmaceuticals is a buy, Research Capital says
Research Capital analyst Andre Uddin maintained a “Buy” rating and C$5.55 price target on Medexus Pharmaceuticals (Medexus Pharmaceuticals Stock Quote, Chart, News, Analysts, Financials TSXV:MDP) in a June 26 note, following fourth-quarter fiscal 2025 results that showed stabilizing revenue and progress in reducing debt. Medexus reported Q4 revenue of $24.8-million, nearly matching Uddin’s estimate of […]
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Is Live Nation stock a buy?
Roth Capital Markets analyst Eric Handler maintained a “Buy” rating and $164 price target on Live Nation (Live Nation Stock Quote, Chart, News, Analysts, Financials NYSE:LYV) in a June 26 update, despite lowering his second-quarter estimates after the Bonnaroo Music and Arts Festival was cut short by severe weather. Handler said the cancellation of more […]
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Beacon raises price target on GRID to $5.50
Beacon Securities analyst Gabriel Leung maintained a “Buy” rating and raised his target price on Tantalus Systems (Tantalus Systems Holdings Stock Quote, Chart, News, Analysts, Financials TSXV:GRID) to C$5.50 from C$4.00 in a June 25 note, after the company announced the Indiana Municipal Power Agency will deploy its AI-powered TRUGrid Reliability and TRUGrid Transformer analytics […]
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Bombardier will benefit from higher defense spending, this analyst says
With Canadian military spending set to reach levels not seen since the end of the Second World War, one analyst thinks the move is a clear boost to Bombardier (Bombardier Stock Quote, Chart, News, Analysts, Financials TSX:BBD.B). Prime Minister Mark Carney, following a NATO summit in the Netherlands, confirmed that Canada would join other countries […]
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Is beaten down Descartes Systems a buy?
Descartes Systems (Descartes Systems Stock Quote, Chart, News, Analysts, Financials TSXV:DSG) shares are down about 17% year to date and more than 20% over the past six months, hit by trade uncertainty and U.S. tariffs, but Raymond James Investment Counsel portfolio manager Chris Blumas believes the stock offers long-term value. “This is one that has […]
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BlackBerry price target raised to (U.S.) $4.00 at RBC
Following the company’s first quarter results, RBC analyst Paul Treiber has raised his price target on BlackBerry (BlackBerry Stock Quote, Chart, News, Analysts, Financials NYSE:BB). On June 24, BlackBerry reported its Q1, 2026 results. The company posted Adjusted EBITDA of $16.4-million on revenue of $121.7-million. “BlackBerry made a strong start to the new fiscal year, […]
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Buy WELL Health for a 131% return, Stifel says
Stifel analyst Justin Keywood has maintained a “Buy” rating on WELL Health Technologies (WELL Health Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:WELL) with a C$9.00 target in a June 24 note, after the company announced plans to add 45,000 new patient openings across its 210-plus Canadian clinics through international physician recruitment. WELL aims to […]
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Electronic Arts upgraded to “Buy” at Roth Capital
Roth Capital Markets analyst Eric Handler upgraded Electronic Arts (Electronic Arts Stock Quote, Chart, News, Analysts, Financials NASDAQ:EA) to “Buy” from “Neutral” in a June 24 report, citing stronger confidence in the company’s ability to deliver double-digit EPS growth over the next three years. He raised his 12-month price target to $185 from $175, based […]
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