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 […]
Categories: Technology news
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% […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
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, […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
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, […]
Categories: Technology news
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 […]
Categories: Technology news
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 […]
Categories: Technology news
Ahead of Q4 earnings, is Tecsys a buy?
Ventum Capital Markets analyst Amr Ezzat maintained his “Buy” rating and C$52.00 price target on Tecsys (Tecsys Stock Quote, Chart, News, Analysts, Financials TSXV:TCS) ahead of its Q4 fiscal 2025 results, expected after market close on June 26. He forecasts revenue of $46.0-million and Adjusted EBITDA of $4.6-million, in line with consensus, supported by strong […]
Categories: Technology news
Should you hold on to your Lyft stock?
Roth Capital Markets analyst Rohit Kulkarni maintained a “Neutral” rating and US$16.00 price target on Lyft (Lyft Stock Quote, Chart, News, Analysts, Financials NASDAQ:LYFT) in a June 20 report, noting short-term caution while expressing a more positive medium-term outlook. Lyft is a transportation company based in San Francisco that operates a ride-hailing platform. It also […]
Categories: Technology news
BlackBerry’s upcoming Q1 results might be better than expected, this analyst says
“The bar is low”. That’s what RBC Dominion Securities analyst Paul Treiber says about expectations for the upcoming results from BlackBerry (BlackBerry Stock Quote, Chart, News, Analysts, Financials NYSE:BB). The analyst says the results may deliver a mild surprise. “BlackBerry’s FY26 guidance appears conservative to us, as guidance for $230-240-million Secure Communications revenue (down 14 […]
Categories: Technology news
Desjardins Securities raises price target on MDA Space
Following a recent facility tour, Desjardins Securities analyst Benoit Poirier has raised his price target on MDA Space (MDA Space Stock Quote, Chart, News, Analysts, Financials TSX:MDA). “MDA continues to trade at a significant discount to peers and where it was trading immediately following its IPO,” he wrote. “Furthermore, two recent successful space IPOs south […]
Categories: Technology news
Adeia stock is a buy, this analyst says
Roth Capital Markets analyst Scott Searle initiated coverage on Adeia (Adeia Stock Quote, Chart, News, Analysts, Financials NASDAQ:ADEA) with a “Buy” rating and a 12-month price target of $26.00, citing accelerating recurring sales from over-the-top (OTT) media and next-generation semiconductor hybrid bonding technologies. In a June 20 report, Searle said Adeia is well-positioned to benefit […]
Categories: Technology news