Canada research roundup: analysts revise ratings and targets for Canadian companies
IAU•IAU•IAU•IAU•Analysts revised ratings or price targets for several Canadian companies, including Allied Gold, I80 Gold and Polaris Renewable Energy. Ventum Financial initiated coverage of I80 Gold with a buy rating and C$4.25 target, while National Bank of Canada raised its Polaris target to C$23 from C$20.
National Bank of Canada upgraded Allied Gold to outperform from sector perform. Ventum Financial initiated coverage of I80 Gold with a buy rating and a C$4.25 target, and National Bank of Canada raised its price target for Polaris Renewable Energy to C$23 from C$20.
The roundup listed revisions across Canadian companies. For example, four analysts raised targets for Kinaxis, while CIBC lowered Lightspeed Commerce’s target to C$16 from C$25 and cut its rating to neutral from outperformer.
