Canadian National Railway, Intact Financial and Wellstar Technologies reportedly see analyst actions
CNI•CNI•CNI•CNI•Analysts reportedly revised ratings and price targets for several Canadian companies on Monday, including target cuts for Canadian National Railway and Intact Financial and new coverage of Wellstar Technologies.
JP Morgan cut its Canadian National Railway target to C$178 from C$182, while UBS lowered its target to C$180 from C$184. Jefferies cut its Intact Financial target to C$340 from C$356.
RBC initiated coverage of Wellstar Technologies with an outperform rating and a C$10 target. TD Cowen also initiated coverage, with a buy rating and an C$8.50 target.
The roundup also included target increases for Air Canada, Russel Metals, Aecon Group, Canadian Pacific Kansas City, Definity Financial, Equinox Gold, Hudbay Minerals and Mullen Group, and target cuts for Allied Properties REIT and Fortis.
