National Bank Financial analyst Baltej Sidhu says Hammond Power Solutions’ (Hammond Power Solutions Stock Quote, Chart, News, Analysts, Financials TSX:HPS.A) growth profile remains supported by energy transition and electrification demand, with data centres continuing to drive the story. As reported by the Globe and Mail, In a June 9 report, Sidhu maintained his “Outperform” rating […]

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Roth Capital Partners analyst Taz Koujalgi says SailPoint (SailPoint Stock Quote, Chart, News, Analysts, Financials NASDAQ:SAIL) delivered a good quarter, with results ahead of Street expectations, but he sees limited near-term upside after a smaller ARR beat and guidance raised largely by the amount of the beat. In a June 9 update, Koujalgi maintained his […]

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Propellus Wealth Partners portfolio manager and senior wealth advisor Mike Vinokur says Expedia (Expedia Stock Quote, Chart, News, Analysts, Financials NASDAQ:EXPE) has the scale, relationships and brand strength to withstand potential AI disruption. Speaking on BNN Bloomberg’s Market Call on June 8, Vinokur said Expedia’s relationships across hotels, airlines, car rentals and travel providers give […]

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Beacon Securities analyst Gabriel Leung says Carrier Connect Data Solutions’ (Carrier Connect Data Solutions Stock Quote, Chart, News, Analysts, Financials TSXV:CCDS) planned acquisition of Rochester Colo gives the company its first U.S. data centre foothold and adds another asset with available capacity to scale. In a June 9 update, Leung maintained his “Buy” rating and […]

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Beacon Securities analyst Kirk Wilson says Polaris Renewable Energy (Polaris Renewable Energy Stock Quote, Chart, News, Analysts, Financials TSX:PIF) is moving closer to entering Mexico, a development that could materially expand the company’s generating capacity. In a June 9 update, Wilson maintained his “Buy” rating and $20.00 target on Polaris. His target is based on […]

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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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