Canadian Analyst Updates: June 9th, 2026

Analyst Ratings (Canada)
Todays Canadian analyst coverage updates reflects a mildly positive but increasingly selective outlook across the market, with upward revisions concentrated in names with clearer earnings momentum and balance-sheet strength. Positive revisions and reiterated bullish views show continued confidence in resource, industrial, and infrastructure-linked cash flow visibility, and resilience in transportation and diversified aviation/services exposure.
Overall, the tone is not broadly bullish or bearish, but instead reflects a market rewarding earnings durability and execution while penalizing stretched valuations and uncertain growth inflections.
16 Analyst Updates:
Amex Exploration Inc. (AMX:CA) — ATB Cormark raised its price target to $8.00 from $6.75 while maintaining an Outperform rating.
Bombardier Inc. (BBD-B:CA) — CIBC maintained a Neutral rating with a price target of $295.00, indicating a stable but limited upside outlook.
Celestica Inc. (CLS:CA) — TD Securities maintained its Buy rating with a $430.00 price target, reflecting continued confidence in the company’s growth trajectory.
Cineplex Inc. (CGX:CA) — TD Securities maintained its Buy rating with a $16.00 price target, suggesting steady expectations for recovery and earnings stability.
Exchange Income Corp. (EIF:CA) — CIBC raised its price target to $141.00 from $123.00 while maintaining an Outperform rating, signaling stronger earnings visibility.
Gold X2 Mining Inc. (AUXX:CA) — National Bank initiated coverage with an Outperform rating and a $2.50 price target, indicating early-stage upside potential.
Keyera Corp. (KEY:CA) — TD Securities maintained its Buy rating with a $68.00 price target.
kneat.com Inc. (KSI:CA) — TD Securities downgraded the stock to Sell with a $6.50 price target, slightly up from $6.00, signaling valuation pressure.
Ovintiv Inc. (OVV:CA) — RBC Capital maintained an Outperform rating with a $97.00 price target.
TerraVest Industries Inc. (TVK:CA) — Canaccord Genuity lowered its price target to $140.00 from $190.00 while maintaining a Buy rating.
TFI International Inc. (TFII:CA) — BMO raised its price target to $237.00 from $195.00 while maintaining a Market Perform rating.
TransAlta Corp. (TA:CA) — TD Securities maintained a Buy rating with a $26.00 price target.
TransAlta Corp. (TA:CA) — CIBC maintained an Outperform rating with a $20.00 price target.
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