Canada research roundup: Air Canada, Cogeco, Telus Corporation
AC•Analysts cut price targets for Air Canada, Cogeco and Telus; they also cut targets for BCE, Cogeco Communications, GFL Environmental and Talisker Resources, while raising Gran Tierra Energy’s target.
1. Analyst target changes
Canaccord Genuity cut Air Canada’s target to C$29 from C$33. CIBC cut targets for Cogeco to C$60 from C$67, Cogeco Communications to C$65 from C$71, Telus to C$14 from C$15, BCE to C$38 from C$39 and GFL Environmental to C$77 from C$82. Stifel raised Gran Tierra Energy’s target to C$17 from C$10, while Ventum Financial cut Talisker Resources’ target to C$3.75 from C$4.25.
