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CANADA RESEARCH ROUNDUP-Autocanada, Boyd Group, Canopy Growth

ReutersFeb 10, 2025 3:39 PM

- Securities analysts revised their ratings and price targets on several Canadian companies, including Autocanada, Boyd Group Services and Canopy Growth Corp, on Monday.

HIGHLIGHTS

* Autocanada Inc ACQ.TO: CIBC raises target price to C$17 from C$16

* Boyd Group Services Inc BYD.TO: CIBC raises target price to C$276 from C$272

* Canopy Growth Corp WEED.TO: Canaccord Genuity cuts target price to C$1.5 from C$2.5

* Vecima Networks Inc VCM.TO: Cormark Securities cuts to market perform from buy

* WSP Global Inc WSP.TO: Scotiabank raises target price to C$281 from C$279

Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries are in alphabetical order.

* Alimentation Couche-Tard Inc ATD.TO: BMO cuts target price to C$85 from C$87

* Autocanada Inc ACQ.TO: CIBC raises target price to C$17 from C$16

* Boyd Group Services Inc BYD.TO: CIBC raises target price to C$276 from C$272

* Canadian Tire Corporation Ltd CTCa.TO: Canaccord Genuity raises PT to C$160 from C$157

* Canopy Growth Corp WEED.TO: Canaccord Genuity cuts target price to C$1.5 from C$2.5

* Converge Technology Solutions Corp CTS.TO: CIBC raises target price to C$5.5 from C$4

* Converge Technology Solutions Corp CTS.TO: TD Cowen cuts to sell from buy

* Converge Technology Solutions Corp CTS.TO: TD Cowen raises PT to C$5.50 from C$4.50

* Converge Technology Solutions Corp CTS.TO: Ventum Financial cuts PT to C$5.5 from C$6

* Chorus Aviation Inc CHR.TO: National Bank of Canada adjusts PT to C$26 from C$3.75 to reflect share consolidation

* Converge Technology Solutions Corp CTS.TO: Ventum Financial cuts to tender from buy

* Dundee Precious Metals Inc DPM.TO: RBC raises target price to C$20 from C$18

* Eldorado Gold Corp ELD.TO: Cormark Securities cuts target price to C$30 from C$33.5

* Equinox Gold Corp EQX.TO: RBC raises target price to C$11 from C$10

* G Mining Ventures Corp GMIN.TO: RBC raises target price to C$20 from C$18

* IGM Financial Inc IGM.TO: BMO raises target price to C$48 from C$47

* Linamar Corp LNR.TO: CIBC cuts target price to C$82 from C$85

* Lundin Gold Inc LUG.TO: RBC raises target price to C$35 from C$31

* Martinrea International Inc MRE.TO: CIBC cuts target price to C$14 from C$14.75

* Orla Mining Ltd OLA.TO: RBC raises target price to C$10 from C$9

* Quebecor Inc QBRb.TO: CIBC cuts target price to C$39 from C$40

* Saputo Inc SAP.TO: CIBC cuts target price to C$29 from C$32

* Torex Gold Resources Inc TXG.TO: RBC raises target price to C$42 from C$37

* Trisura Group Ltd TSU.TO: Cormark Securities cuts target price to C$47 from C$54

* Vecima Networks Inc VCM.TO: Cormark Securities cuts target price to C$14 from C$23

* Vecima Networks Inc VCM.TO: Cormark Securities cuts to market perform from buy

* Verticalscope Holdings Inc FORA.TO: CIBC raises target price to C$17 from C$10

* WSP Global Inc WSP.TO: Scotiabank raises target price to C$281 from C$279

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