ATB Capital Stock Recommendations and Price Targets

This is a list of recent ratings by ATB Capital.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
9/29/2022	TPZ Topaz Energy	Boost Price Target	C$21.00	C$29.50 ➝ C$30.00		N/A
9/28/2022	TVE Tamarack Valley Energy	Boost Price Target	C$4.00	C$8.00 ➝ C$8.25		N/A
9/22/2022	ACB Aurora Cannabis	Upgrade	C$2.00	C$3.00 ➝ C$4.00	Underperform ➝ Sector Perform	N/A
9/14/2022	FAF Fire & Flower	Lower Price Target	C$2.00	C$7.00 ➝ C$4.50	Buy	N/A
9/14/2022	ATH Athabasca Oil	Reiterated Rating	C$2.00	C$3.75	Outperform	N/A
9/13/2022	PHX PHX Energy Services	Boost Price Target	C$6.00	C$9.50 ➝ C$11.50	Outperform	N/A
9/13/2022	CPX Capital Power	Boost Price Target	C$48.00	C$49.00 ➝ C$51.00		N/A
8/30/2022	KHRN Khiron Life Sciences	Lower Price Target	C$0.00	C$0.60 ➝ C$0.45		N/A
8/30/2022	QST Questor Technology	Lower Price Target	C$1.00	C$1.50 ➝ C$1.30		N/A
8/30/2022	WSP WSP Global	Boost Price Target	C$158.00	C$170.00 ➝ C$175.00		N/A
8/21/2022	SCL Shawcor	Boost Price Target	C$9.00	C$10.50 ➝ C$13.00		N/A
8/19/2022	CR Crew Energy	Boost Price Target	C$5.00	C$8.00 ➝ C$8.75		N/A
8/16/2022	XLY Auxly Cannabis Group	Lower Price Target	C$0.00	C$0.25	Outperform	N/A
8/16/2022	XLY Auxly Cannabis Group	Lower Price Target	C$0.00	C$0.35 ➝ C$0.25	Outperform	N/A
8/15/2022	SCR Score Media and Gaming	Boost Price Target	C$44.00	C$8.00 ➝ C$10.50		N/A
8/15/2022	SCL Shawcor	Boost Price Target	C$9.00	C$10.50	Outperform	N/A
8/15/2022	NPI Northland Power	Boost Price Target	C$42.00	C$50.00 ➝ C$53.00		N/A
8/15/2022	EIF Exchange Income	Boost Price Target	C$43.00	C$60.00 ➝ C$65.00		N/A
8/12/2022	CEU CES Energy Solutions	Boost Price Target	C$2.00	C$4.25 ➝ C$5.25		N/A
8/12/2022	STEP STEP Energy Services	Boost Price Target	C$5.00	C$9.00 ➝ C$9.50		N/A
8/12/2022	AFN Ag Growth International	Boost Price Target	C$34.00	C$49.00 ➝ C$65.50		N/A
8/12/2022	STN Stantec	Boost Price Target	C$63.00	C$70.00 ➝ C$75.00		N/A
8/11/2022	EINC E Automotive	Lower Price Target	C$5.00	C$23.00 ➝ C$17.50		N/A
8/11/2022	BDT Bird Construction	Lower Price Target	C$6.00	C$12.75 ➝ C$10.00		N/A
8/11/2022	KXS Kinaxis	Boost Price Target	C$139.00	C$210.00 ➝ C$220.00		N/A
8/11/2022	BYD Boyd Group Services	Boost Price Target	C$169.00	C$230.00 ➝ C$250.00		N/A
8/10/2022	PHX PHX Energy Services	Boost Price Target	C$6.00	C$9.50 ➝ C$11.50		N/A
8/10/2022	TOT Total Energy Services	Boost Price Target	C$7.00	C$13.50 ➝ C$14.50	Outperform	N/A
8/10/2022	FRU Freehold Royalties	Lower Price Target	C$15.00	C$20.00 ➝ C$19.50		N/A
8/9/2022	NEX NexTier Oilfield Solutions	Boost Price Target	$8.00	$15.50		Low
8/5/2022	LSPD Lightspeed Commerce	Lower Price Target	C$24.00	C$80.00 ➝ C$75.00		N/A
8/4/2022	POU Paramount Resources	Lower Price Target	C$26.00	C$42.00 ➝ C$40.00	Sector Perform	N/A
8/4/2022	WCN Waste Connections	Boost Price Target	C$188.00	C$170.00 ➝ C$180.00	Outperform	N/A
8/3/2022	ARX ARC Resources	Boost Price Target	C$17.00	C$22.00 ➝ C$23.00	Average	N/A
8/3/2022	AC Air Canada	Boost Price Target	C$17.00	C$30.00 ➝ C$32.00	Buy	N/A
8/3/2022	CPX Capital Power	Boost Price Target	C$48.00	C$46.00 ➝ C$49.00	Sector Perform	N/A
8/2/2022	ARE Aecon Group	Lower Price Target	C$10.00	C$18.25 ➝ C$14.00		N/A
7/29/2022	CFW Calfrac Well Services	Boost Price Target	C$5.00	C$7.00 ➝ C$8.00		N/A
7/29/2022	TOU Tourmaline Oil	Boost Price Target	C$75.00	C$85.00 ➝ C$90.00		N/A
7/28/2022	TCW Trican Well Service	Boost Price Target	C$3.00	C$5.00 ➝ C$5.50		N/A
7/28/2022	NOA North American Construction Group	Lower Price Target	C$14.00	C$22.00 ➝ C$21.00		N/A
7/28/2022	CJT Cargojet	Lower Price Target	C$119.00	C$230.00 ➝ C$200.00		N/A
7/27/2022	MEQ Mainstreet Equity	Boost Price Target	C$109.00	C$125.00 ➝ C$128.00	Hold	N/A
7/22/2022	HAL Halliburton	Boost Price Target	$26.00	$46.50		Low
7/13/2022	AC Air Canada	Lower Price Target	C$17.00	C$35.00 ➝ C$30.00	Buy	N/A
7/8/2022	CFW Calfrac Well Services	Lower Price Target	C$5.00	C$8.00 ➝ C$7.00	Sector Perform	N/A
7/7/2022	NOA North American Construction Group	Lower Price Target	C$14.00	C$28.50 ➝ C$22.00	Outperform	N/A
7/5/2022	AFN Ag Growth International	Boost Price Target	C$34.00	C$57.00 ➝ C$59.00	Outperform	N/A
6/29/2022	WCP Whitecap Resources	Boost Price Target	C$9.00	C$15.00 ➝ C$15.50	NA	N/A
6/22/2022	STEP STEP Energy Services	Boost Price Target	C$5.00	C$9.00	Outperform	N/A
6/20/2022	NEX NexTier Oilfield Solutions	Set Price Target	$8.00	$16.50		Low
6/2/2022	VET Vermilion Energy	Boost Price Target	C$31.00	C$31.00 ➝ C$36.00	NA	N/A
6/2/2022	WSP WSP Global	Boost Price Target	C$158.00	C$160.00 ➝ C$170.00	NA	N/A
5/27/2022	ALA AltaGas	Boost Price Target	C$27.00	C$34.00 ➝ C$35.00	Outperform	N/A
5/24/2022	FLWR Flowr	Downgrade	C$0.00		Sector Perform ➝ Underperform	N/A
5/18/2022	QST Questor Technology	Upgrade	C$1.00		Underperform ➝ Sector Perform	N/A
5/16/2022	AXU Alexco Resource	Lower Price Target	$0.00	$3.25	NA	High
5/16/2022	SCL Shawcor	Upgrade	C$9.00	C$6.75 ➝ C$8.00	Sector Perform ➝ Outperform	N/A
5/16/2022	TSE Trinseo	Boost Price Target	$20.00	$5.50 ➝ $6.25	Outperform	Medium
5/13/2022	STEP STEP Energy Services	Boost Price Target	C$5.00	C$5.50 ➝ C$6.25	Outperform	N/A
5/13/2022	DXT Dexterra Group	Lower Price Target	C$6.00	C$10.75 ➝ C$10.00	Buy	N/A
5/13/2022	WSP WSP Global	Lower Price Target	C$158.00	C$180.00 ➝ C$160.00	Sector Perforn	N/A
5/12/2022	SPB Superior Plus	Lower Price Target	C$10.00	C$14.50 ➝ C$13.50	Sector Perform	N/A
5/12/2022	EIF Exchange Income	Boost Price Target	C$43.00	C$57.00 ➝ C$60.00		N/A
5/11/2022	SNC SNC-Lavalin Group	Lower Price Target	C$24.00	C$44.00 ➝ C$37.00	Buy	N/A
5/11/2022	MEQ Mainstreet Equity	Lower Price Target	C$109.00	C$130.00 ➝ C$125.00	Hold	N/A
5/10/2022	ACB Aurora Cannabis	Lower Price Target	C$2.00	C$5.00 ➝ C$4.00	Underperform	N/A
5/9/2022	PPL Pembina Pipeline	Boost Price Target	C$44.00	C$52.00 ➝ C$54.00	Outperform	N/A
5/9/2022	KXS Kinaxis	Boost Price Target	C$139.00	C$210.00 ➝ C$240.00	Buy	N/A
5/6/2022	EFX Enerflex	Lower Price Target	C$6.00	C$12.50 ➝ C$12.25	Buy	N/A
5/6/2022	ACQ AutoCanada	Boost Price Target	C$24.00	C$87.00 ➝ C$90.00	Outperform	N/A
5/5/2022	POU Paramount Resources	Boost Price Target	C$26.00	C$39.00 ➝ C$42.00	Sector Perform	N/A
5/4/2022	CFW Calfrac Well Services	Boost Price Target	C$5.00	C$6.00 ➝ C$7.00	Sector Perform	N/A
5/3/2022	CPX Capital Power	Boost Price Target	C$48.00	C$44.00 ➝ C$45.00	Sector Perform	N/A
5/3/2022	CJT Cargojet	Boost Price Target	C$119.00	C$225.00 ➝ C$230.00	Outperform	N/A
4/29/2022	REAL Real Matters	Lower Price Target	C$5.00	C$11.50 ➝ C$10.00	Hold	N/A
4/29/2022	PD Precision Drilling	Boost Price Target	C$75.00	C$130.00 ➝ C$133.00	Outperform	N/A
4/28/2022	CVE Cenovus Energy	Boost Price Target	C$23.00	C$31.00 ➝ C$33.00	Outperform	N/A
4/26/2022	GFL GFL Environmental	Boost Price Target	C$35.00	C$48.00	Buy	N/A
4/22/2022	FLWR Flowr	Lower Price Target	C$0.00	C$0.10 ➝ C$0.08		N/A
4/22/2022	TVE Tamarack Valley Energy	Boost Price Target	C$4.00	C$6.50 ➝ C$6.75	Strong-Buy	N/A
4/20/2022	AFN Ag Growth International	Reiterated Rating	C$34.00	C$58.00	Outperform	N/A
4/14/2022	QST Questor Technology	Downgrade	C$1.00	C$2.25 ➝ C$1.50	Sector Perform ➝ Underperform	N/A
4/13/2022	HEXO HEXO	Lower Price Target	C$0.00	C$1.10 ➝ C$0.80	Sector Perform	N/A
4/13/2022	OGI OrganiGram	Upgrade	C$1.00	C$3.00	Sector Perform ➝ Outperform	N/A
4/7/2022	XLY Auxly Cannabis Group	Lower Price Target	C$0.00	C$0.40	Outperform	N/A
4/7/2022	XLY Auxly Cannabis Group	Set Price Target	C$0.00	C$0.40	Outperform	N/A
4/7/2022	PD Precision Drilling	Boost Price Target	C$75.00	C$112.00 ➝ C$114.00	Outperform	N/A
3/24/2022	BYD Boyd Group Services	Lower Price Target	C$169.00	C$264.00 ➝ C$230.00	Outperform	N/A
3/23/2022	EINC E Automotive	Boost Price Target	C$5.00	C$27.00 ➝ C$28.00	Buy	N/A
3/20/2022	STEP STEP Energy Services	Boost Price Target	C$5.00	C$5.50	Outperform	N/A
3/18/2022	CFW Calfrac Well Services	Lower Price Target	C$5.00	C$6.50 ➝ C$5.75		N/A
3/17/2022	IPO InPlay Oil	Boost Price Target	C$3.00	C$4.25	Outperform	N/A
3/17/2022	CFW Calfrac Well Services	Boost Price Target	C$5.00	C$5.75 ➝ C$6.50	Sector Perform	N/A
3/15/2022	AKT.A AKITA Drilling	Boost Price Target	C$1.00	C$2.40 ➝ C$2.65	Buy	N/A
3/11/2022	TOT Total Energy Services	Boost Price Target	C$7.00	C$10.75 ➝ C$12.25	Outperform	N/A
3/11/2022	DCBO Docebo	Boost Price Target	C$38.00	C$110.00 ➝ C$115.00	Outperform	N/A
3/7/2022	ALA AltaGas	Boost Price Target	C$27.00	C$30.00 ➝ C$32.00	Outperform	N/A
3/4/2022	HEXO HEXO	Upgrade	C$0.00	C$0.80 ➝ C$1.10	Underperform ➝ Sector Perform	N/A
3/2/2022	AKT.A AKITA Drilling	Boost Price Target	C$1.00	C$1.60 ➝ C$2.40	Buy	N/A