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Updated: 22 hours 14 min ago

Will the Bank of Canada cut interest rates this week?

Mon, 04/14/2025 - 10:05
“A close call.” That’s the way economists at RBC describe the decision this week for the Bank of Canada on interest rates, ultimately landing on the side of yes, they will. In a report dated April 11, economists Nathan Janzen and Abbey Xu said the Trump tariff decision could play a part in the April […]

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Walmart is not as exposed to tariffs as you think

Fri, 04/11/2025 - 10:33
Following the company’s analyst meeting, Roth analyst Bill Kirk remains bullish on Walmart (Walmart Stock Quote, Chart, News, Analysts, Financials NYSE:WMT). “Walmart hosted an Analyst Meeting on April 8/9, with Supply Chain Facility Tours, an Executive Dinner, a webcast Business Meeting, and Club/Store Tours,” the analyst wrote. “We were struck by management’s confidence in the […]

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Now’s the time to buy software and SAAS stocks, Roth says

Fri, 04/11/2025 - 09:48
In the up is down world of investing right now, some may be finding it hard to find an investment that makes sense in the long term. But Roth analyst Richard K. Baldry says the answer has been under our noses the whole time. In a research report released April 10, entitled “Software/SaaS: Sector Pulled […]

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Is Cogeco Communications stock a buy?

Fri, 04/11/2025 - 08:24
RBC Dominion Securities analyst Drew McReynolds says he likes some of the things he sees, but not quite enough to recommend Cogeco Communications (Cogeco Communications Stock Quote, Chart, News, Analysts, Financials TSX:CCA). As reported by the Globe and Mail, McReynolds April 11 maintained his “Sector Perform” rating on Cogeco and cut his price target from […]

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Tilray price target slashed at Haywood

Thu, 04/10/2025 - 08:51
Following the company’s third quarter results, Haywood analyst Neal Gilmer has lowered his price target on Tilray Brands (Tilray Brands Stock Quote, Chart, News, Analysts, Financials TSX:TLRY). On April 8, TLRY reported its Q3, 2025 results. In the third quarter, the company posted Adjusted EBITDA of $9.0-million on Net Revenue of $185.8-million, down from $188.3-million, […]

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Air Canada is trading at pandemic levels, analyst notes

Thu, 04/10/2025 - 08:14
Looking to take a flier on a stock? Consider the beaten down Air Canada (Air Canada Stock Quote, Chart, News, Analysts, Financials TSX:AC). That’s the opinion of National Bank Financial analyst Cameron Doerksen, who says the stock is looking cheap, even against a trying backdrop. “In our view, Air Canada’s share price is reflecting an […]

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Calian is the right stock for tariff turmoil, Ventum says

Wed, 04/09/2025 - 16:17
Ventum Capital Markets analyst Rob Goff thinks he has found a tariff turmoil winner in Calian Group (Calian Group Stock Quote, Chart, News, Analysts, Financials TSX:CGY). In a research update to clients April 9, Goff maintained his “Buy” rating and price target of $68.00 on CGY, implying a return of 64.7% at the time of […]

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RBC chops price target on BCE

Wed, 04/09/2025 - 10:42
Wait and see. That’s the advice from RBC Dominion Securities analyst Drew McReynolds on BCE (BCE Stock Quote, Chart, News, Analysts, Financials TSX:BCE), ahead of the company’s Q1 financials, due May 8. As reported by the Globe and Mail, McReynolds April 9 maintained his “Sector Perform” rating on BCE while cutting his price target on […]

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WELL Health’s Circle Medical inquiry is “financially immaterial”, Raymond James says

Tue, 04/08/2025 - 16:00
After taking a long look at the inquiry into Circle Medical’s billing practices by the U.S. Attorney’s Office, Raymond James analyst Michael W. Freeman says he believes the matter is “financially immaterial” to WELL Health Technologies (WELL Health Stock Quote, Chart, News, Analysts, Financials TSX:WELL) On March 28, WELL announced that its subsidiary Circle Medical […]

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Can Intel’s new CEO make a difference?

Tue, 04/08/2025 - 09:20
New year, new CEO. Can Lip-Bu Tan make a difference for Intel (Intel Stock Quote, Chart, News, Analysts, Financials NASDAQ:INTC). Analyst Suji Desilva is taking a wait and see approach to INTC -the analyst April 4 maintained his “Neutral” rating and $20.00 price target on the stock- but he like some of what he sees […]

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Medexus is a “Strong Buy”, Raymond James says

Tue, 04/08/2025 - 06:47
Following a key product update, Raymond James analyst Michael W. Freeman remains bullish on Medexus Pharmaceuticals (Medexus Pharmaceuticals Stock Quote, Chart, News, Analysts, Financials TSX:MDP). On April 7, MDP issued a press release on the commercialization progress of GRAFAPEX™ (Treosulfan ). Treosulfan is a chemotherapy drug primarily used as a conditioning agent before hematopoietic stem […]

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$6.00 a share is fair for Converge Technology Solutions, Ventum says

Mon, 04/07/2025 - 09:23
The new go-private price for Converge Technology Solutions (Converge Technology Solutions Stock Quote, Chart, News, Analysts, Financials TSX:CTS) is $6.00 and Ventum Capital Markets analyst Rob Goff thinks that is fair. On April 2, Converge reported that, owing to a competitive bid, H.I.G. Capital had agreed to raise its bid on CTS from $5.50 to […]

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Rogers Communications is facing headwinds, TD Cowen says

Sun, 04/06/2025 - 11:56
He’s has a “Buy” rating on the stock, but TD Cowen analyst Vince Valentini thinks 2025 could be a rocky road for Rogers Communications (Rogers Communications Stock Quote, Chart, News, Analysts, Financials TSX:RCI.B). As reported by the Globe and Mail, Valentini April 1 reiterated his “Buy” rating and 12-month price target of $64.00 on Rogers. […]

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I’m calling bottom on Telus, Greg Newman says

Fri, 04/04/2025 - 11:12
Fund manager Greg Newman of Newman Group ScotiaMcLeod says he is “going out on a limb” by making Telus (Telus Stock Quote, Chart, News, Analysts, Financials TSX:T) one of his top picks. Appearing on BNN Bloomberg’s “Market Call” March 28, Newman acknowledged that the reason for Telus’s sharp fall of late are no mystery. “You […]

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BRP stock is a “Liberation Day winner”, Citi says

Fri, 04/04/2025 - 10:23
“The biggest Liberation Day winner”. That’s where Citi analyst James Hardiman thinks BRP (BRP Stock Quote, Chart News, Analysts, Financials TSX:DOO) stands in the North American travel and leisure sector. As reported by The Globe and Mail, the analyst April 4 raised his rating on BRP from “Sell” to “Neutral”, and raised his price target […]

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Trade uncertainty is here to stay, RBC says

Thu, 04/03/2025 - 10:48
What’s the latest on Donald Trump’s tariffs? You might want to check your watch, not your calendar say economists at RBC. On April 2, 2025, President Donald Trump announced a new tariff policy imposing a universal 10% tariff on all imports, effective April 5th, with higher rates for specific countries. China faces a 34% tariff, […]

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Rubicon Organics is still a buy, Haywood says

Thu, 04/03/2025 - 10:16
Its fourth quarter results are in the books and Haywood analyst Neal Gilmer has maintained his “Buy” rating on Rubicon Organics (Rubicon Organics Stock Quote, Chart, News, Analysts, Financials TSXV:ROMJ). On April 1, ROMJ reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted Adjusted EBITDA of $1.6-million on revenue of […]

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Will BlackBerry survive tariffs?

Thu, 04/03/2025 - 09:44
Following the company’s fourth quarter results, RBC analyst Paul Treiber has cut his price target on BlackBerry (BlackBerry Stock Quote, Chart, News, Analysts, Financials NYSE:BB). On April 2, BB reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted Adjusted EBITDA of $21.1-million on revenue of $141.7-million. The stock fell sharply […]

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Exro Technologies downgraded at National Bank

Wed, 04/02/2025 - 18:58
Following the company’s fourth quarter results, National Bank Financial analyst Rupert Merer has downgraded Exro Technologies (Exro Technologies Stock Quote, Chart, News, Analysts, Financials TSX:EXRO). On March 31, EXRO reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted revenue of $6.7-million, belwo the street estimate of $10.6-million. “2024 was a […]

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Organigram acquisition gets thumbs up at Haywood

Wed, 04/02/2025 - 10:33
Following the company’s most recent acquisition, Haywood analyst Neal Gilmer has maintained his “Buy” rating on Organigram (Organigram Stock Quote, Chart, News, Analysts, Financials TSX:OGI). On April 1, OGI announced that it would enter the U.S. market via the acquisition of beverage company Collective Project Limited for $(C) $6.2-million. “The acquisition of Collective Project marks […]

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