-- RBC Capital Markets raised its price target on Aritzia Inc. (ATZ.TO) to $175 from $150.
Analyst Irene Nattel maintained an Outperform rating on shares of the Vancouver-based clothing retailer ahead of its fiscal Q4 results on May 7.
"Channel checks, peer performance, management commentary around holiday performance suggests strong YTD momentum likely carried through FQ4 and beyond," Nattel said in a note to clients.
"Forecasts reflect growing confidence in growth algo and brand heat, rising penetration/long growth runway in the US, and enhanced digital options with re-launch of international shopping site in August and new mobile app late October," the analyst said.