| Date | Company Name | Action | Current
Price | Price
Target | Rating |
|---|
| 12/2/2025 | CRLBF Cresco Labs | Upgrade | $1.00 | | Outperform |
| 12/2/2025 | CURLF Curaleaf | Upgrade | $3.00 | | Outperform |
| 11/27/2025 | CEU CES Energy Solutions | Boost Price Target | C$13.00 | C$12.00 ➝ C$14.00 | Outperform |
| 11/21/2025 | NPI Northland Power | Lower Price Target | C$17.00 | C$26.00 ➝ C$23.00 | |
| 11/21/2025 | SGY Surge Energy | Boost Price Target | C$8.00 | C$8.25 ➝ C$9.75 | |
| 11/17/2025 | ACQ AutoCanada | Lower Price Target | C$21.00 | C$30.00 ➝ C$25.00 | |
| 11/13/2025 | BYD Boyd Group Services | Boost Price Target | C$238.00 | C$275.00 ➝ C$280.00 | |
| 11/7/2025 | WSP WSP Global | Upgrade | C$245.00 | C$305.00 | Sector Perform ➝ Outperform |
| 11/7/2025 | EFX Enerflex | Boost Price Target | C$19.00 | C$19.50 ➝ C$23.00 | Outperform |
| 11/5/2025 | SHOP Shopify | Boost Price Target | C$226.00 | C$220.00 ➝ C$250.00 | |
| 11/4/2025 | AKT.A AKITA Drilling | Downgrade | C$2.00 | C$3.00 ➝ C$2.50 | Outperform ➝ Sector Perform |
| 11/3/2025 | CNR Canadian National Railway | Boost Price Target | C$137.00 | C$150.00 ➝ C$151.00 | Sector Perform |
| 10/31/2025 | ARE Aecon Group | Downgrade | C$29.00 | C$28.00 ➝ C$32.00 | Outperform ➝ Sector Perform |
| 10/30/2025 | TVE Tamarack Valley Energy | Boost Price Target | C$8.00 | C$7.00 ➝ C$7.25 | Outperform |
| 10/29/2025 | BDT Bird Construction | Boost Price Target | C$27.00 | C$33.00 ➝ C$34.00 | Outperform |
| 10/29/2025 | ACQ AutoCanada | Lower Price Target | C$21.00 | C$32.00 ➝ C$30.00 | Sector Perform |
| 10/23/2025 | NOA North American Construction Group | Set Price Target | C$20.00 | C$26.00 | Sector Perform |
| 10/23/2025 | EFX Enerflex | Boost Price Target | C$19.00 | C$19.00 ➝ C$19.50 | Outperform |
| 10/23/2025 | TOT Total Energy Services | Boost Price Target | C$15.00 | C$18.00 ➝ C$19.50 | Outperform |
| 10/23/2025 | PHX PHX Energy Services | Downgrade | C$8.00 | C$9.50 ➝ C$8.50 | Outperform ➝ Sector Perform |
| 10/23/2025 | ACX ACT Energy Technologies | Lower Price Target | C$5.00 | C$7.25 ➝ C$6.75 | Outperform |
| 10/15/2025 | CP Canadian Pacific Kansas City | Boost Price Target | C$103.00 | C$124.00 ➝ C$125.00 | Outperform |
| 9/29/2025 | DNTL dentalcorp | Downgrade | C$11.00 | C$12.00 ➝ C$11.00 | Outperform ➝ Tender |
| 9/19/2025 | CPX Capital Power | Boost Price Target | C$63.00 | C$60.00 ➝ C$68.00 | Sector Perform |
| 9/12/2025 | BLN Blackline Safety | Boost Price Target | C$7.00 | C$10.00 ➝ C$11.00 | Outperform |
| 9/5/2025 | BDT Bird Construction | Boost Price Target | C$27.00 | C$30.00 ➝ C$33.00 | Outperform |
| 9/2/2025 | QST Questor Technology | Upgrade | C$0.00 | C$0.45 ➝ C$0.85 | Sector Perform ➝ Speculative Buy |
| 8/25/2025 | CVE Cenovus Energy | Boost Price Target | C$26.00 | C$25.00 ➝ C$28.00 | Outperform |
| 8/14/2025 | BIREF Birchcliff Energy | Upgrade | $6.00 | | Outperform |
| 8/14/2025 | BYD Boyd Group Services | Lower Price Target | C$238.00 | C$290.00 ➝ C$270.00 | Outperform |
| 8/14/2025 | ACQ AutoCanada | Boost Price Target | C$21.00 | C$25.00 ➝ C$32.00 | Sector Perform |
| 8/13/2025 | EIF Exchange Income | Boost Price Target | C$80.00 | C$70.00 ➝ C$81.00 | Outperform |
| 8/11/2025 | MEQ Mainstreet Equity | Upgrade | C$185.00 | C$225.00 ➝ C$235.00 | Sector Perform ➝ Outperform |
| 8/11/2025 | DCBO Docebo | Boost Price Target | C$30.00 | C$45.00 ➝ C$50.00 | |
| 8/8/2025 | WSP WSP Global | Boost Price Target | C$245.00 | C$270.00 ➝ C$305.00 | Sector Perform |
| 8/8/2025 | CJT Cargojet | Lower Price Target | C$81.00 | C$155.00 ➝ C$145.00 | Outperform |
| 8/8/2025 | EFX Enerflex | Boost Price Target | C$19.00 | C$16.50 ➝ C$19.00 | Outperform |
| 8/7/2025 | SHOP Shopify | Downgrade | $161.00 | | Sector Perform |
| 8/7/2025 | SU Suncor Energy | Boost Price Target | C$63.00 | C$60.00 ➝ C$62.00 | Sector Perform |
| 8/7/2025 | DXT Dexterra Group | Boost Price Target | C$12.00 | C$10.75 ➝ C$11.75 | Outperform |
| 8/6/2025 | PET Pet Valu | Boost Price Target | C$29.00 | C$40.00 ➝ C$41.00 | Outperform |
| 8/6/2025 | AG First Majestic Silver | Upgrade | C$21.00 | C$47.00 ➝ C$52.00 | Sector Perform ➝ Outperform |
| 8/5/2025 | ENB Enbridge | Boost Price Target | C$67.00 | C$66.00 ➝ C$67.00 | Outperform |
| 8/5/2025 | ALA AltaGas | Boost Price Target | C$43.00 | C$42.00 ➝ C$43.00 | Outperform |
| 8/5/2025 | ARE Aecon Group | Lower Price Target | C$29.00 | C$30.00 ➝ C$28.00 | Outperform |
| 8/5/2025 | TA TransAlta | Boost Price Target | C$20.00 | C$18.00 ➝ C$20.00 | Outperform |
| 8/1/2025 | LSPD Lightspeed Commerce | Boost Price Target | C$16.00 | C$17.00 ➝ C$18.00 | Sector Perform |
| 8/1/2025 | REAL Real Matters | Lower Price Target | C$6.00 | C$11.00 ➝ C$10.50 | Outperform |
| 7/31/2025 | CP Canadian Pacific Kansas City | Boost Price Target | C$103.00 | C$123.00 ➝ C$124.00 | Outperform |
| 7/31/2025 | TOU Tourmaline Oil | Boost Price Target | C$65.00 | C$76.00 ➝ C$77.00 | Outperform |
| 7/31/2025 | TVE Tamarack Valley Energy | Boost Price Target | C$8.00 | C$6.00 ➝ C$6.25 | Outperform |
| 7/30/2025 | GEI Gibson Energy | Boost Price Target | C$26.00 | C$26.00 ➝ C$27.00 | Outperform |
| 7/30/2025 | AC Air Canada | Boost Price Target | C$19.00 | C$31.00 ➝ C$32.00 | Outperform |
| 7/29/2025 | SGY Surge Energy | Boost Price Target | C$8.00 | C$7.50 ➝ C$8.25 | Outperform |
| 7/23/2025 | CNR Canadian National Railway | Lower Price Target | C$137.00 | C$155.00 ➝ C$150.00 | Sector Perform |
| 7/7/2025 | CNR Canadian National Railway | Lower Price Target | C$137.00 | C$156.00 ➝ C$155.00 | Sector Perform |
| 7/7/2025 | CP Canadian Pacific Kansas City | Lower Price Target | C$103.00 | C$124.00 ➝ C$123.00 | Outperform |
| 7/4/2025 | HAM Highwood Asset Management | Lower Price Target | C$5.00 | C$8.00 ➝ C$7.25 | |
| 7/4/2025 | TCW Trican Well Service | Boost Price Target | C$6.00 | C$5.50 ➝ C$6.50 | Outperform |
| 7/2/2025 | PD Precision Drilling | Lower Price Target | C$94.00 | C$87.00 ➝ C$84.00 | Outperform |
| 6/27/2025 | NOA North American Construction Group | Lower Price Target | C$20.00 | C$37.00 ➝ C$34.00 | Outperform |
| 6/23/2025 | KEY Keyera | Boost Price Target | C$45.00 | C$46.00 ➝ C$48.00 | Sector Perform |
| 6/19/2025 | AFN Ag Growth International | Boost Price Target | C$22.00 | C$43.00 ➝ C$47.00 | Sector Perform |
| 6/17/2025 | SCR Strathcona Resources | Boost Price Target | C$43.00 | C$32.00 ➝ C$35.00 | Sector Perform |
| 6/5/2025 | IPO InPlay Oil | Set Price Target | C$13.00 | C$13.00 | Outperform |
| 6/3/2025 | WEED Canopy Growth | Lower Price Target | C$2.00 | C$3.20 ➝ C$1.60 | Underperform |
| 6/3/2025 | LCX Lycos Energy | Lower Price Target | C$1.00 | C$2.80 ➝ C$2.25 | Outperform |
| 5/22/2025 | BYD Boyd Group Services | Lower Price Target | C$238.00 | C$295.00 ➝ C$290.00 | Outperform |
| 5/22/2025 | STN Stantec | Boost Price Target | C$133.00 | C$140.00 ➝ C$145.00 | Sector Perform |
| 5/22/2025 | EIF Exchange Income | Boost Price Target | C$80.00 | C$68.00 ➝ C$70.00 | Outperform |
| 5/22/2025 | ARX ARC Resources | Boost Price Target | C$27.00 | C$31.00 ➝ C$33.50 | Outperform |
| 5/22/2025 | PEY Peyto Exploration & Development | Boost Price Target | C$23.00 | C$19.00 ➝ C$21.00 | Outperform |
| 5/12/2025 | DCBO Docebo | Downgrade | C$30.00 | C$75.00 ➝ C$45.00 | Outperform ➝ Sector Perform |
| 5/9/2025 | KXS Kinaxis | Downgrade | C$179.00 | C$210.00 | Outperform ➝ Sector Perform |
| 5/9/2025 | SHOP Shopify | Boost Price Target | C$226.00 | C$155.00 ➝ C$160.00 | Outperform |
| 5/8/2025 | TA TransAlta | Lower Price Target | C$20.00 | C$19.00 ➝ C$18.00 | Outperform |
| 5/7/2025 | MEQ Mainstreet Equity | Boost Price Target | C$185.00 | C$220.00 ➝ C$225.00 | Sector Perform |
| 5/7/2025 | AFN Ag Growth International | Lower Price Target | C$22.00 | C$46.00 ➝ C$43.00 | Sector Perform |
| 5/7/2025 | PET Pet Valu | Boost Price Target | C$29.00 | C$39.00 ➝ C$40.00 | Outperform |
| 5/6/2025 | SHOP Shopify | Lower Price Target | C$226.00 | C$170.00 ➝ C$155.00 | Sector Perform |
| 5/5/2025 | NOA North American Construction Group | Lower Price Target | C$20.00 | C$37.00 ➝ C$36.00 | Outperform |
| 5/5/2025 | SES Secure Energy Services | Lower Price Target | C$18.00 | C$20.00 ➝ C$19.00 | Outperform |
| 5/5/2025 | TOT Total Energy Services | Boost Price Target | C$15.00 | C$17.00 ➝ C$18.00 | Outperform |
| 5/5/2025 | EFX Enerflex | Lower Price Target | C$19.00 | C$18.00 ➝ C$16.50 | Outperform |
| 5/5/2025 | PHX PHX Energy Services | Lower Price Target | C$8.00 | C$12.00 ➝ C$11.50 | Outperform |
| 5/5/2025 | CEU CES Energy Solutions | Lower Price Target | C$13.00 | C$11.00 ➝ C$10.00 | Outperform |
| 5/5/2025 | WRG Western Energy Services | Lower Price Target | C$2.00 | C$3.25 ➝ C$2.75 | Sector Perform |
| 5/2/2025 | CNR Canadian National Railway | Lower Price Target | C$137.00 | C$159.00 ➝ C$156.00 | Sector Perform |
| 5/1/2025 | CP Canadian Pacific Kansas City | Lower Price Target | C$103.00 | C$128.00 ➝ C$124.00 | Outperform |
| 5/1/2025 | REAL Real Matters | Lower Price Target | C$6.00 | C$12.00 ➝ C$11.00 | Outperform |
| 4/28/2025 | BYD Boyd Group Services | Lower Price Target | C$238.00 | C$320.00 ➝ C$295.00 | Outperform |
| 4/17/2025 | PKI Parkland | Lower Price Target | C$40.00 | C$46.00 ➝ C$45.00 | Outperform |
| 4/11/2025 | CNR Canadian National Railway | Lower Price Target | C$137.00 | C$161.00 ➝ C$159.00 | Sector Perform |
| 4/11/2025 | CP Canadian Pacific Kansas City | Lower Price Target | C$103.00 | C$130.00 ➝ C$128.00 | Outperform |
| 4/3/2025 | SPB Superior Plus | Boost Price Target | C$7.00 | C$10.00 ➝ C$11.00 | Outperform |
| 4/2/2025 | EXROF Exro Technologies | Downgrade | $0.00 | | Sector Perform |
| 3/28/2025 | LCFS Tidewater Renewables | Boost Price Target | C$4.00 | C$3.00 ➝ C$4.00 | Speculative Buy |
| 3/28/2025 | BITF Bitfarms | Lower Price Target | C$4.00 | C$6.50 ➝ C$3.75 | Outperform |
| 3/27/2025 | ACQ AutoCanada | Boost Price Target | C$21.00 | C$18.00 ➝ C$18.50 | Sector Perform |
| 3/27/2025 | LSPD Lightspeed Commerce | Downgrade | C$16.00 | C$26.00 ➝ C$17.00 | Outperform ➝ Sector Perform |
