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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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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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 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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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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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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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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First Avenue Investment Counsel chief investment officer Brian Madden says Constellation Software (Constellation Software Stock Quote, Chart, News, Analysts, Financials TSX:CSU) remains attractive after a sharp pullback, arguing the market has overreacted to fears that AI will disrupt software companies. Speaking on BNN Bloomberg’s Market Call on June 5, Madden said First Avenue is “taking […]

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Roth Capital Partners analyst Craig Irwin says Electrovaya (Electrovaya Stock Quote, Chart, News, Analysts, Financials NASDAQ:ELVA) remains on track to ramp production at its Jamestown, N.Y., facility, with demand supporting his view that the plant could be sold out by the end of 2026. In a June 5 update, Irwin maintained his “Buy” rating and […]

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Roth Capital Partners analyst Taz Koujalgi says Cognyte Software’s (Cognyte Software Stock Quote, Chart, News, Analysts, Financials NASDAQ:CGNT) first-quarter results showed accelerating software revenue and stronger current remaining performance obligation bookings, a leading indicator of revenue growth. In a June 4 update, Koujalgi maintained his “Buy” rating and $14.00 target on Cognyte. Cognyte reported first-quarter […]

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Royal Bank of Canada assistant chief economist Nathan Janzen noted that Canada’s labour market bounced back in May, easing some concern after a weak first-quarter GDP report. In a June 5 report, Janzen pointed out that employment rose by a larger-than-expected 88,000 in May, while the unemployment rate fell to 6.6% from 6.9% in April. […]

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Beacon Securities analyst Russell Stanley says Decisive Dividend’s (Decisive Dividend Corporation Stock Quote, Chart, News, Analysts, Financials TSXV:DE) acquisition of Belgian hearth manufacturer Be Fire expands the company’s highest-return vertical, broadens its European footprint and should improve its payout ratio. In a June 3 update, Stanley maintained his “Buy” rating on Decisive and raised his […]

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Roth Capital Partners analyst Taz Koujalgi says CrowdStrike’s (CrowdStrike Holdings Stock Quote, Chart, News, Analysts, Financials NASDAQ:CRWD) first-quarter results were solid, but its larger-than-expected increase to full-year ARR guidance has raised questions about how much upside remains. In a June 4 update, Koujalgi maintained his “Buy” rating and raised his target on CrowdStrike to $785.00 […]

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Beacon Securities analyst Russell Stanley says Metatek Group (Metatek-Group Stock Quote, Chart, News, Analysts, Financials TSX:MTEK) could be particularly catalyst-rich over the next two months, with the stock trading below its March IPO price despite several near-term opportunities. In a research update to clients, Stanley maintained his “Buy” rating and one-year price target of $9.00 […]

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Barometer Capital Management CEO and CIO David Burrows says Bombardier (Bombardier Stock Quote, Chart, News, Analysts, Financials TSXV:BBD.B) is no longer a turnaround story, but a business jet leader with improving fundamentals and potential catalysts ahead. Speaking on BNN Bloomberg’s Market Call on June 3, Burrows said Bombardier is operating in a strong industry and […]

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RBC Dominion Securities analyst Paul Treiber says Plenary Americas’ $1.2-billion agreement to acquire Information Services Corp. (Information Services Corp. Stock Quote, Chart, News, Analysts, Financials TSX:ISC) fairly values the digital services company in a go-private scenario. As reportyed by the Globe and Mail, coming off research restriction, Treiber raised his target on ISC to $51.00 […]

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Roth Capital Partners analyst Suji Desilva says Merlin Labs (Merlin Labs Stock Quote, Chart, News, Analysts, Financials NASDAQ:MRLN) is positioned for the aviation autonomy market, with early revenue visibility from major military program wins. In a June 2  report, Desilva maintained his “Buy” rating and $15.00 target on Merlin Labs following a series of investor […]

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Linde Equity Fund’s Teal Linde says HubSpot (Hubspot Stock Quote, Chart, News, Analysts, Financials NYSE:HUBS) still has upside despite a sharp one-day move higher, arguing the software company remains well below previous levels and is positioned to benefit from AI-driven pricing changes. Speaking on BNN Bloomberg’s Market Call on June 1, Linde joked that he […]

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Clarus Securities analyst Noel Atkinson says a new labour agreement at Canada Post removes a recent revenue headwind for Data Communications Management (Data Communications Management Stock Quote, Chart, News, Analysts, Financials TSX:DCM). In a June 2 update, Atkinson maintained his “Buy” rating and $3.25 target on DCM. He said his target is unchanged and is […]

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Beacon Securities analyst Donangelo Volpe says Elevate Service Group’s (Elevate Service Group Stock Quote, Chart, News, Analysts, Financials TSXV:SERV) first quarter was below expectations, but he continues to see the company’s consolidation strategy building toward a larger and more profitable platform. In a June 2 report, Volpe maintained his “Buy” rating and $4.00 target on […]

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