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Canadian Analyst Coverage Update: July 17th, 2025

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Analyst Ratings (Canada)

Alimentation Couche-Tard Inc (ATD:CA) had its price target raised to $85.00 by TD Securities, which maintained a Buy rating.

Autocanada Inc (ACQ:CA) saw its price target increased to $32.00 by Canaccord Genuity, which reiterated a Buy rating.

Autocanada Inc (ACQ:CA) also had its target raised to $27.50 by CIBC World Markets, though no rating was disclosed.

Boyd Group Services Inc (BYD:CA) had its price target lowered to $244.00 by CIBC World Markets.

Canadian National Railway (CNR:CA) was upgraded by Raymond James to Outperform, with a new target of $162.00.

Canadian Pacific Kansas City (CP:CA) had its target raised to $120.00 by Raymond James, which maintained an Outperform rating.

Canadian Pacific Kansas City (CP:CA) also had its target raised to $124.00 by CIBC, which maintained an Outperform rating.

Cogeco Communications Inc. (CCA:CA) was maintained at Buy by TD Securities, with a price target of $98.00.

Cogeco Communications Inc. (CCA:CA) was maintained at Neutral by CIBC, with a target of $71.00.

Cogeco Communications Inc. (CCA:CA) had its target lowered to $75.00 by Scotia Capital, with a Sector Perform rating.

Cogeco Communications Inc. (CCA:CA) also had its target lowered to $74.00 by RBC Capital.

Cogeco Communications Inc. (CCA:CA) target revision downward to $75.00 from BMO Capital Markets.

Cogeco Inc. (CCO:CA) was maintained at Buy by TD Securities, with a target of $115.00.

Crombie REIT (CRR-UN:CA) was upgraded by Raymond James to Strong Buy, with a new price target of $17.25.

Denison Mines (DML:CA) was maintained at Buy by TD Securities, with a price target of $3.50.

Dream Industrial REIT (DIR-UN:CA) was downgraded by Raymond James to Outperform, with a price target of $13.75.

Enbridge Inc (ENB:CA) was maintained at Buy by TD Securities, with a target of $69.00.

Extendicare Inc. (EXE:CA) was initiated at Outperform by National Bank, with a price target of $15.40.

Linamar Corp (LNR:CA) had its price target raised to $68.00 by CIBC World Markets, with no rating specified.

Lithium Americas Corp (LAC:CA) was maintained at Buy by Morningstar, with a target of $7.75.

NFI Group Inc. (NFI:CA) was upgraded to Outperform by BMO Capital Markets, with a target of $23.00.

Spin Master Corp. (TOY:CA) was maintained at Buy by TD Securities, with a target of $32.00.

Spin Master Corp. (TOY:CA) was also maintained at Neutral by CIBC, with a target of $28.00.

Superior Plus Corp. (SPB:CA) was downgraded by TD Securities from Buy to Hold, with a target of $8.50.

Thomson Reuters (TRI:CA) was maintained at Underperform by Morningstar, with a target of $233.00.

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