AlphaMena on Wednesday increased the price target for telecommunications group Saudi Telecom Co. (SASE:7010), d/b/a stc, to 50 Saudi riyals from 48.90 riyals, while maintaining its add rating.
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BCE (BCE.TO) was upgraded to buy from underperform by BofA Securities on Tuesday on the outlook for revenue from a data center under construction in Saskatchewan and its Ziply Fiber internet unit.The price target was raised to C$38 from C$34. "Our conviction rests on improving permitting, strong US, fiber gross additions and growing visibility into growing contracted data-center revenue," BofA Securities said in a note.In March, BCE said the Saskatchewan project will be the "largest purpose-built AI data centre development anywhere in Canada."(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $32.36, Change: $+0.97, Percent Change: +3.11%
Tenax Therapeutics (TENX) has an average rating of buy and mean price target of $14.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $1.70, Change: $+0.32, Percent Change: +23.27%
Calfrac Well Services (CFW.TO) was upgraded to outperform from sector perform at ATB Cormark Capital Markets on Tuesday.Analyst Tim Monachello maintained a price target of C$9 on shares of the Calgary-based oilfield services company"We believe CFW is well positioned to take advantage of an improving North American outlook amid strengthening demand and structural efficiency gains following recent fleet redeployments," Monachello said in a note to clients.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $7.30, Change: $+0.41, Percent Change: +5.95%