Related Articles
Research
RBC Cuts Price Target on Dynatrace to $45 From $50, Keeps Outperform Rating
Dynatrace (DT) has an average rating of overweight and mean price target of $44.23, 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://www..com/contact-us)
$DT
Research
Constellation Software Price Target Lowered By $300 at RBC
RBC Capital Markets lowered its price target on Constellation Software Inc. (CSU.TO) to $4,500 from $4,800.Analyst Paul Treiber maintained an Outperform rating on shares of the Canadian software company following its Q1 results."Constellation's YTD M&A implies 2026 is tracking to a new annual high," Treiber said in a note to clients. "Strong M&A stems from the scalability of Constellation's decentralized model.""Due to the higher pace of acquisitions, we are increasing financial estimates," the analyst said. "Sequentially stable organic growth helps diminish AI headwind concerns."Treiber said his target price reduction is due to "continued decline in software peer valuations."(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://www..com/contact-us)
$CSU.TO
Research
Research Alert: Ctc: Margin Expansion Drives Q1 Beat, But Same-store Sales Well Short
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Canadian Tire Corporation (CTC) posted Q1 adjusted EPS of CAD2.02 vs. CAD2.00 (+1%), well ahead of the CAD1.81 consensus. The beat was due to better-than-expected margins, as revenue rose 3.3% to CAD3.57B (CAD30M ahead of consensus) despite a 1.0% decline in same-store sales (350 bps short of consensus). Gross margin expanded 90 bps to 35.4% (50 bps above consensus), reflecting effective pricing discipline and favorable category mix, although petroleum margins also contributed to the improvement. CTC's 1.0% same-store sales decline reflected the mixed consumer environment, although the two-year stack of +3.7% suggests some underlying resilience. CTC's margin performance indicated strong operational execution despite a challenging environment for consumers, as evidenced by the company's big same-store sales miss. As noted by management, Canadian consumers remain resilient but selective, prioritizing value, but not at the expense of quality products and shopping experiences.
$CTC.A