Canada research roundup: Aurora Cannabis, Fortis, Toromont Industries
ACB•Analysts revised ratings and price targets on Canadian companies. TD Cowen cut Aurora Cannabis to sell from buy and lowered its target to C$7.80 from C$8; CIBC raised Fortis’s target to C$85 from C$81 and upgraded Toromont Industries to outperformer from neutral.
1. Analyst actions
The research changes also included target increases for MTY Food Group and Wajax. TD Cowen raised Wajax to buy from hold and lifted its target to C$41 from C$36; several analysts revised targets for Fortis, Toromont and other Canadian companies.
