Analysts raise targets for Canadian Tire, CAE, Cargojet, cut others after Q3
Analysts raised price targets for Canadian Tire, CAE and Cargojet after the companies beat Q3 earnings expectations, while downgrading Capstone Copper and several other firms. Earlier in the quarter, analysts also adjusted targets for a range of Canadian stocks. RBC Dominion Securities upgraded IGM Financial to outperform and lifted iA Financial to Outperform with a $237 target.
TD Cowen raised its price target for Constellation Software and upgraded Adentra, while cutting targets for Trisura and other firms. Desjardins reduced Goeasy to Hold at $44, and other analysts trimmed price goals for Superior Plus, Canadian banks and CGI after mixed earnings.