CIBC Capital Markets raised its price target on EQB Inc. (EQB.TO) to $151 from $116.
Analyst Paul Holden resumed coverage of the Canadian financial services company with an Outperformer rating.
"The near-term earnings outlook is challenged due to Canadian consumer credit pressure, well known and expected," Holden said in a note to clients.
"We think the stock should be bought at current levels based on our EPS growth outlook through F2028 (21% CAGR from F2025), which includes upside from lower loan losses and from growing deposits with PC Financial customers," the analyst said.