Beacon raises price target on VitalHub again
VitalHub (VitalHub Stock Quote, Chart, News, Analysts, Financials TSX:VHI) posted better-than-expected quarterly results, with revenue of $23.9-million and EBITDA of $6.3-million, Beacon Securities analyst Gabriel Leung said in an Aug. 11 report. Leung maintained a “Buy” rating and raised his target price to $15.50 from $15.00. He said Beacon had been modelling $21.8-million in revenue […]
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Green Thumb Industries is a buy, this analyst says
Beacon Securities analyst Russell Stanley kept a “buy” rating and C$14 target on Green Thumb Industries (Green Thumb Industries Stock Quote, Chart, News, Analysts, Financials GTII:CNX) after Q2 results, saying his investment view is largely unchanged. Margins remain under pressure from price compression and should stay below 30 per cent in the near term, but […]
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Village Farms is “incredibly undervalued”, Beacon says
Village Farms (Village Farms International Stock Quote, Chart, News, Analysts, Financials NASDAQ:VFF) posted strong second-quarter results, showing its performance following the privatization of its Texas greenhouse assets, Beacon Securities analyst Doug Cooper said Aug. 11. Cooper maintained a “buy” rating and $4.50 target price. Revenue was $59.9-million, including $44.5-million (C$61.4-million) from Canadian and international cannabis, […]
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Hydro One stock is still a buy, Desjardins says
Desjardins Securities analyst Brent Stadler maintained a “Buy” rating and $58.00 target for Hydro One (Hydro One Stock Quote, Chart, News, Analysts, Financials TSX:H) on August 12, describing it as a “top defensive pick with strong growth outlook” and a “set and forget” investment ahead of the company’s second-quarter results on August 13. As reported […]
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Ventum cuts price target on Illumin Holdings
In his August 11 Q2 2025 update, Ventum Capital Markets analyst Rob Goff maintained a “Buy” rating on Illumin Holdings (Illumin Holdings Stock Quote, Chart, News, Analysts, Financials TSX:ILLM) while lowering his price target to C$2.75 from C$3.40. “We believe our $2.75 price target speaks to the company’s strategic positioning relative to its peers, as […]
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Is Verano Holdings stock a buy?
In an August 7 report, Haywood Capital Markets analyst Neal Gilmer maintained a “Buy” rating and C$3.50 target price on Verano Holdings (Verano Holdings Stock Quote, Chart, News, Analysts, Financials CSE:VRNO), citing solid second-quarter performance. Revenue matched expectations, but higher gross margins pushed EBITDA well above estimates. Gilmer noted management sees EBITDA margins of about […]
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Cipher Pharmaceuticals is a buy, says Research Capital
Research Capital analyst Andre Uddin maintained a “Buy” rating and C$18.60 target for Cipher Pharmaceuticals (Cipher Pharmaceuticals Stock Quote, Chart, News, Analysts, Financials TSX:CPH) in an August 8 update, saying management remains focused on expanding Natroba sales and pursuing complementary dermatology products for its U.S. and Canadian operations. Cipher is a Canadian specialty pharmaceutical company […]
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Cargojet stock is still a buy, this analyst says
Cargojet’s (Cargojet Stock Quote, Chart, News, Analysts, Financials TSX:CJT) second-quarter results showed steady growth despite missing revenue expectations, leading Beacon Securities analyst Donangelo Volpe to maintain his “Buy” rating and $155.00 price target in an August 8 note. Adjusted EBITDA and EPS met forecasts, providing some offset to the top-line shortfall. Consolidated revenue rose 3% […]
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Is OpenText stock undervalued?
OpenText (Open Text Stock Quote, Chart, News, Analysts, Financials NASDAQ:OTEX) posted fiscal Q4 revenue of US$1.31 billion, in line with National Bank of Canada Financial Markets analyst Richard Tse’s forecast and above the US$1.29 billion consensus. Organic year-over-year growth, excluding AMC from last year, improved to roughly minus 1 per cent after sharper declines earlier […]
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Is Docebo stock a buy?
National Bank of Canada Financial Markets analyst Richard Tse said Docebo (Docebo Stock Quote, Chart, News, Analysts, Financials TSX:DCBO) posted solid second-quarter 2025 results, with revenue of $60.7 million, slightly ahead of expectations, and adjusted EBITDA of $9.2 million. Both figures came in line with consensus and his own forecasts. Docebo is a Canadian company […]
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Cronos Group is an undervalued stock, Roth says
Cronos Group (Cronos Group Stock Quote, Chart, News, Analysts, Financials TSX:CRON) is showing meaningful progress on profitability, according to Roth Capital Markets analyst Bill Kirk. In an August 7 sales analysis, he reiterated a “Buy” rating and C$5.00 target, citing stronger margins and a turnaround in Adjusted EBITDA. Kirk said Cronos has turned a corner […]
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Curaleaf Holdings is still undervalued, this analyst says
Curaleaf Holdings (Curaleaf Holdings Stock Quote, Chart, News, Analysts, Financials TSX:CURA) reported Q2 results that were largely in line with expectations, according to Haywood Capital Markets analyst Neal Gilmer in an August 7 note. Revenue for the quarter came in at $314.5-million, up 1.5% sequentially but down 8.1% year over year. The figure was roughly […]
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Is Kinaxis stock a buy?
ATB Capital Markets analyst Martin Toner said in an August 6 note that Kinaxis (Kinaxis Stock Quote, Chart, News, Analysts, Financials TSX:KXS) reported stronger-than-expected Q2/FY25 results, including a beat across all key metrics. Toner maintained his “Sector Perform” rating and price target of $210.00 on KXS. Total revenue was $136.4-million, up 15.3% year over year […]
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Should you sell your Uber stock?
On August 6, Roth Capital Markets analyst Rohit Kulkarni reiterated a “Buy” rating and (US) $110.00 price target for Uber Technologies (Uber Technologies Stock Quote, Chart, News, Analysts, Financials NYSE:UBER) after the company posted strong second-quarter results. The stock has climbed nearly 50% since April, and Kulkarni said Uber mostly delivered on high expectations. “Delivery […]
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Is Cardiol Therapeutics a buy?
Leede Financial analyst Douglas Loe maintained a “Speculative Buy” rating and $11.00 target on Cardiol Therapeutics (Cardiol Therapeutics Stock Quote, Chart, News, Analysts, Financials TSX:CRDL) in an August 6 update following the company’s release of headline results from its 109-patient Phase II ARCHER trial. The study evaluated CardiolRx, the company’s orally-active ultra-pure cannabidiol formulation, in […]
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Thinkific has price target trimmed at ATB
ATB Capital Markets analyst Martin Toner said in an August 6 update that Thinkific Labs (Thinkific Labs Stock Quote, Chart, News, Analysts, Financials TSXV:THNC) reported Q2/FY25 revenue of $18.1-million, up 11.7% year over year and slightly ahead of consensus at $17.9-million. Toner maintained his “Sector Perform” rating on THNC while lowering his price target on […]
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Thomson Reuters Q2 was better than the street thought, TD says
Thomson Reuters (Thomson Reuters Stock Quote, Chart, News, Analysts, Financials TSX:CCA) shares dropped more than 10% on August 7 following its second-quarter earnings, but TD Cowen analyst Vince Valentini called the results solid and slightly ahead of expectations, particularly on margins. He said the decline was driven more by investor disappointment over the lack of […]
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Should you sell your Trulieve Cannabis stock?
Haywood Capital Markets analyst Neal Gilmer maintained a “Buy” rating and C$15.00 target on Trulieve Cannabis (Trulieve Cannabis Corp Stock Quote, Chart, News, Analysts, Financials TRUL:CNX) in an August 6 report, after the company reported second-quarter results that matched revenue expectations but exceeded on margins. Adjusted EBITDA came in ahead of both his and consensus […]
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Shopify price target raised to (US) $180.00 at National Bank
Shopify (Shopify Inc Stock Quote, Chart, News, Analysts, Financials NYSE:SHOP) delivered stronger-than-expected second-quarter results, with revenue rising 31% year over year to $2.7-billion, outperforming both National Bank and Street estimates. National Bank of Canada Financial Markets analyst Richard Tse called it a “solid” print and raised his target price to US$180 from US$140, maintaining an […]
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Premium Brands stock is a buy, Desjardins says
Desjardins Capital Markets analyst Chris Li maintained a Buy rating and $98.00 target on Premium Brands Holdings (Premium Brands Holdings Stock Quote, Chart, News, Analysts, Financials TSX:PBH) after the company reported second-quarter results that were largely in line with expectations. Premium Brands posted Q2 adjusted EBITDA of $177-million and earnings per share of $1.33. That […]
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