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North West Co Price Targets Lowered at RBC, TD

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Analysts at RBC Capital Markets and TD Securities lowered their price targets on North West Co. Inc. (NWC.TO) to $61 from $63, and to $58 from $63, respectively.

RBC analyst Ryland Conrad maintained an Outperform rating on the multinational Canadian grocery and retail company.

"While Q1/26 results were below our forecast due in part to a slower-than-anticipated ramp in FNCFS settlement payments, we continue to see a stronger underlying set-up for NWC in 2026," Conrad said in a note to clients.

"Following revisions to our forecast to reflect a more conservative SSS and margin trajectory for Canada, our price target decreases," the analyst said.

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