BMO Capital Markets Stock Recommendations and Price Targets

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BMO Capital Markets is the investment banking and capital markets arm of Bank of Montreal, aka BMO Financial Group. It serves corporate, institutional, and government clients in North America, providing equity and debt underwriting, corporate lending and project finance, M&A advisory, and equity and debt research. The company has more than 25 offices worldwide; about half are in North America. BMO Capital Markets was formed in 2006 when BMO Financial combined its US, Canadian, and international wholesale banking operations.
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This is a list of recent ratings by BMO Capital Markets.

DateCompany NameActionCurrent
Price
Price
Target
Rating
3/20/2026
AVAH
Aveanna Healthcare
Lower Price Target$6.00$11.00 ➝ $10.00Outperform ➝ Outperform
3/20/2026
ACQ
AutoCanada
Lower Price TargetC$17.00C$36.00 ➝ C$24.00
3/20/2026
PBH
Premium Brands
Lower Price TargetC$86.00C$125.00 ➝ C$116.00
3/20/2026
ACN
Accenture
Lower Price Target$201.00$300.00 ➝ $230.00Market Perform ➝ Market Perform
3/20/2026
FDX
FedEx
Boost Price Target$358.00$400.00 ➝ $410.00Market Perform ➝ Market Perform
3/19/2026
ATZ
Aritzia
Set Price TargetC$105.00 C$163.00Outperform
3/19/2026
BYD
Boyd Group Services
Lower Price TargetC$192.00C$280.00 ➝ C$250.00
3/19/2026
IBM
International Business Machines
Lower Price Target$246.00$350.00 ➝ $290.00Market Perform ➝ Market Perform
3/18/2026
BL
BlackLine
Reiterated Rating$39.00Market Perform ➝ Market Perform
3/18/2026
HQY
HealthEquity
Reiterated Rating$81.00Market Perform ➝ Market Perform
3/18/2026
MEOH
Methanex
Boost Price Target$56.00$65.00 ➝ $70.00Outperform ➝ Outperform
3/18/2026
NTR
Nutrien
Boost Price Target$75.00$85.00 ➝ $90.00Outperform ➝ Outperform
3/18/2026
CF
CF Industries
Boost Price Target$126.00$115.00 ➝ $140.00Outperform ➝ Outperform
3/17/2026
GPCR
Structure Therapeutics
Set Price Target$48.00 $145.00Outperform ➝ Outperform
3/17/2026
DLTR
Dollar Tree
Reiterated Rating$106.00Underperform ➝ Underperform
3/17/2026
NAVN
Navan
Initiated Coverage$9.00 $13.00Outperform
3/17/2026
SPGI
S&P Global
Boost Price Target$425.00$482.00 ➝ $495.00Outperform ➝ Outperform
3/16/2026
TLS
Telos
Lower Price Target$4.00$8.00 ➝ $5.00Market Perform ➝ Market Perform
3/16/2026
PSA
Public Storage
Reiterated Rating$267.00Market Perform ➝ Market Perform
3/16/2026
PPL
PPL
Boost Price Target$37.00$41.00 ➝ $42.00Outperform ➝ Outperform
3/13/2026
PATH
UiPath
Lower Price Target$12.00$17.00 ➝ $14.00Market Perform ➝ Market Perform
3/13/2026
KEL
Kelt Exploration
Boost Price TargetC$9.00C$9.00 ➝ C$10.00Outperform
3/13/2026
RBRK
Rubrik
Lower Price Target$49.00$105.00 ➝ $70.00Outperform ➝ Outperform
3/13/2026
TTAN
ServiceTitan
Lower Price Target$67.00$108.00 ➝ $92.00Outperform ➝ Outperform
3/13/2026
PAYX
Paychex
Lower Price Target$93.00$121.00 ➝ $103.00Market Perform ➝ Market Perform
3/13/2026
ADBE
Adobe
Lower Price Target$248.00$375.00 ➝ $285.00Market Perform ➝ Market Perform
3/12/2026
NTSK
Netskope
Lower Price Target$9.00$26.00 ➝ $14.00Outperform ➝ Outperform
3/12/2026
NOA
North American Construction Group
DowngradeC$19.00C$26.00 ➝ C$23.00Outperform ➝ Market Perform
3/12/2026
NOA
North American Construction Group
Downgrade$14.00Outperform ➝ Market Perform
3/12/2026
CUZ
Cousins Properties
Lower Price Target$22.00$31.00 ➝ $27.00Outperform ➝ Outperform
3/12/2026
DSGX
The Descartes Systems Group
Lower Price Target$73.00$95.00 ➝ $82.00Market Perform ➝ Market Perform
3/11/2026
CEU
CES Energy Solutions
DowngradeC$19.00Strong-Buy ➝ Hold
3/11/2026
UNFI
United Natural Foods
Boost Price Target$39.00$48.00 ➝ $52.00Outperform ➝ Outperform
3/11/2026
MTDR
Matador Resources
Boost Price Target$58.00$60.00 ➝ $65.00Outperform ➝ Outperform
3/11/2026
BNTX
BioNTech
Lower Price Target$89.00$143.00 ➝ $128.00Outperform ➝ Outperform
3/11/2026
BG
Bunge Global
Boost Price Target$118.00$130.00 ➝ $135.00Outperform ➝ Outperform
3/11/2026
ORCL
Oracle
Lower Price Target$149.00$205.00 ➝ $200.00Outperform ➝ Outperform
3/11/2026
PGR
Progressive
Lower Price Target$205.00$232.00 ➝ $208.00Market Perform ➝ Market Perform
3/10/2026
GSY
goeasy
DowngradeC$36.00Strong-Buy ➝ Hold
3/10/2026
CSU
Constellation Software
Lower Price TargetC$2,500.00C$4,600.00 ➝ C$4,200.00
3/9/2026
PFE
Pfizer
Reiterated Rating$27.00 $30.00Outperform ➝ Outperform
3/9/2026
ABBV
AbbVie
Reiterated Rating$204.00Outperform ➝ Outperform
3/6/2026
MRE
Martinrea International
Lower Price TargetC$9.00C$11.00 ➝ C$10.50Market Perform
3/6/2026
APR.UN
Automotive Properties Real Est Invt TR
Boost Price TargetC$11.00C$12.00 ➝ C$12.50Market Perform
3/6/2026
HWX
Headwater Exploration
Boost Price TargetC$13.00C$11.00 ➝ C$13.50Outperform
3/6/2026
OMDA
Omada Health
Lower Price Target$13.00$27.00 ➝ $18.00Outperform ➝ Outperform
3/6/2026
IOT
Samsara
Boost Price Target$33.00$40.00 ➝ $44.00Outperform ➝ Outperform
3/6/2026
CNQ
Canadian Natural Resources
Boost Price TargetC$67.00C$50.00 ➝ C$70.00Outperform
3/6/2026
BDGI
Badger Infrastructure Solutions
Lower Price TargetC$61.00C$85.00 ➝ C$80.00Market Perform
3/6/2026
OKTA
Okta
Upgrade$79.00$83.00 ➝ $97.00Market Perform ➝ Outperform
3/6/2026
COST
Costco Wholesale
Boost Price Target$973.00$1,175.00 ➝ $1,315.00Outperform ➝ Outperform
3/5/2026
CG
Carlyle Group
Reiterated Rating$47.00 $65.00Outperform ➝ Outperform
3/5/2026
KR
Kroger
Reiterated Rating$74.00 $70.00Market Perform ➝ Market Perform
3/5/2026
DOW
DOW
Upgrade$37.00$22.00 ➝ $35.00Underperform ➝ Market Perform
3/5/2026
SSRM
Silver Standard Resources
Upgrade$23.00 $41.00Market Perform ➝ Outperform
3/5/2026
MDA
MDA Space
Boost Price TargetC$43.00C$45.00 ➝ C$50.00
3/5/2026
SSRM
SSR Mining
UpgradeC$31.00C$27.00 ➝ C$41.00Market Perform ➝ Outperform
3/5/2026
LYB
LyondellBasell Industries
Upgrade$73.00$38.00 ➝ $68.00Underperform ➝ Market Perform
3/5/2026
TTAN
ServiceTitan
Lower Price Target$67.00$125.00 ➝ $108.00Outperform
3/5/2026
WLK
Westlake
Upgrade$106.00$108.00 ➝ $127.00Market Perform ➝ Outperform
3/4/2026
CASY
Casey's General Stores
Reiterated Rating$657.00 $700.00Market Perform ➝ Market Perform
3/4/2026
SQM
Sociedad Quimica y Minera
Reiterated Rating$71.00Outperform ➝ Outperform
3/4/2026
POU
Paramount Resources
Boost Price TargetC$30.00C$24.00 ➝ C$32.00Outperform
3/4/2026
WJX
Wajax
Lower Price TargetC$31.00C$40.00 ➝ C$34.00Market Perform
3/4/2026
SRRK
Scholar Rock
Boost Price Target$44.00$50.00 ➝ $70.00Outperform ➝ Outperform
3/4/2026
THO
Thor Industries
Lower Price Target$75.00$135.00 ➝ $125.00Outperform ➝ Outperform
3/4/2026
GSY
goeasy
Lower Price TargetC$36.00C$225.00 ➝ C$170.00Outperform
3/4/2026
TGT
Target
Boost Price Target$113.00$105.00 ➝ $130.00Market Perform ➝ Market Perform
3/4/2026
CRWD
CrowdStrike
Lower Price Target$406.00$555.00 ➝ $500.00Outperform ➝ Outperform
3/4/2026
AZO
AutoZone
Lower Price Target$3,297.00$4,400.00 ➝ $4,300.00Outperform ➝ Outperform
3/3/2026
LRN
Stride
Reiterated Rating$86.00Market Perform ➝ Market Perform
3/3/2026
AMP
Ameriprise Financial
Reiterated Rating$439.00Market Perform ➝ Market Perform
3/3/2026
PLUG
Plug Power
Reiterated Rating$2.00 $1.00Underperform ➝ Underperform
3/3/2026
MDB
MongoDB
Reiterated Rating$261.00$400.00 ➝ $340.00Outperform ➝ Outperform
3/3/2026
DKNG
DraftKings
Boost Price Target$24.00$42.00 ➝ $50.00Outperform ➝ Outperform
3/3/2026
CTRA
Coterra Energy
Boost Price Target$34.00$32.00 ➝ $35.00Market Perform ➝ Market Perform
3/3/2026
APA
APA
Boost Price Target$39.00$30.00 ➝ $35.00Market Perform ➝ Market Perform
3/3/2026
DVN
Devon Energy
Boost Price Target$49.00$45.00 ➝ $55.00Outperform ➝ Outperform
3/3/2026
EQT
EQT
Boost Price Target$65.00$60.00 ➝ $68.00Outperform ➝ Outperform
3/3/2026
BKR
Baker Hughes
Boost Price Target$60.00$65.00 ➝ $70.00Outperform ➝ Outperform
3/3/2026
COP
ConocoPhillips
Boost Price Target$127.00$115.00 ➝ $130.00Outperform ➝ Outperform
3/3/2026
EOG
EOG Resources
Boost Price Target$139.00$120.00 ➝ $140.00Outperform ➝ Outperform
3/3/2026
NUE
Nucor
Boost Price Target$159.00$190.00 ➝ $196.00Outperform ➝ Outperform
3/3/2026
MPC
Marathon Petroleum
Boost Price Target$233.00$225.00 ➝ $230.00Outperform ➝ Outperform
3/2/2026
VST
Vistra
Reiterated Rating$145.00 $241.00Outperform ➝ Outperform
3/2/2026
BSY
Bentley Systems
Reiterated Rating$38.00Outperform ➝ Outperform
3/2/2026
NGVT
Ingevity
Reiterated Rating$63.00 $83.00Outperform ➝ Outperform
3/2/2026
ADSK
Autodesk
Lower Price Target$247.00$343.00 ➝ $279.00Market Perform ➝ Market Perform
3/2/2026
CSH.UN
Chartwell Retirement Residences
Boost Price TargetC$20.00C$22.00 ➝ C$25.00Outperform
3/2/2026
EXE
Extendicare
Boost Price TargetC$25.00C$24.00 ➝ C$30.00
3/2/2026
KXS
Kinaxis
Lower Price TargetC$138.00C$225.00 ➝ C$180.00
2/27/2026
WRN
Western Copper and Gold
Boost Price TargetC$3.00C$5.00 ➝ C$5.50Outperform
2/27/2026
PBA
Pembina Pipeline
Reiterated Rating$45.00Outperform ➝ Market Perform
2/27/2026
QBR.B
Quebecor
Boost Price TargetC$59.00C$58.00 ➝ C$60.00Outperform
2/27/2026
PPL
Pembina Pipeline
DowngradeC$62.00C$58.00 ➝ C$60.00Outperform ➝ Hold
2/27/2026
ACO.X
ATCO
Boost Price TargetC$66.00C$63.00 ➝ C$69.00
2/27/2026
GRT.UN
Granite Real Estate Investment Trust
Boost Price TargetC$82.00C$87.00 ➝ C$97.00
2/27/2026
TD
Toronto-Dominion Bank
Boost Price TargetC$126.00C$135.00 ➝ C$144.00Outperform
2/27/2026
CM
Canadian Imperial Bank of Commerce
Boost Price TargetC$129.00C$135.00 ➝ C$150.00Outperform
2/27/2026
ZS
Zscaler
Lower Price Target$152.00$315.00 ➝ $210.00Outperform