RBC Capital Markets raised its price target on Dollarama Inc. (DOL.TO) to CA$225 from CA$223.
Analyst Irene Nattel maintained an outperform rating on shares of the Canadian retailer following its quarterly results on Wednesday.
"Strong Q2/F27 results and a constructive post-call review reinforce our view of DOL as a core portfolio holding and best idea, particularly given recent sell-off," Nattel said in a note to clients.
Bandwidth (BAND) has an average rating of overweight and mean price target of $68.60, according to analysts polled by FactSet.Price: $49.63, Change: $-0.45, Percent Change: -0.90%
Raymond James adjusted its ratings on three Canadian energy stocks on Wednesday.Analyst Michael Barth upgraded Cardinal Energy Ltd. (CJ.TO) to outperform from market perform, and raised his price target to CA$15 from CA$12.Barth downgraded Advantage Energy Ltd. (AAV.TO) to market perform from outperform, and reduced his target to CA$13 to CA$14.The analyst downgraded Birchcliff Energy Ltd. (BIR.TO) to market perform from outperform, and lowered his price target to CA$8 from CA$8.50."While we continue to see longer-term value in both AAV and BIR, tactically we think continued positioning in oil-weighted names makes sense today," Barth said in a note to clients.
AlphaValue/Baader Europe on Wednesday upgraded pest control company Rentokil Initial (RTO.L) to add from reduce and trimmed its price target to 3.75 pounds sterling from 3.76 pounds.