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
9/18/2026
ONON
ON
Reiterated Rating$27.00Market Perform ➝ Market Perform
9/18/2026
CRGY
Crescent Energy
Reiterated Rating$14.00 $16.00Market Perform ➝ Market Perform
9/18/2026
MTSI
MACOM Technology Solutions
Upgrade$276.00 $335.00Market Perform ➝ Outperform
9/18/2026
LIMAF
Linamar
Downgrade$69.00Outperform ➝ Market Perform
9/18/2026
MGA
Magna International
Reiterated Rating$63.00$76.00 ➝ $70.00Outperform ➝ Market Perform
9/18/2026
LNR
Linamar
DowngradeC$96.00 C$105.00Outperform ➝ Market Perform
9/17/2026
XRAY
DENTSPLY SIRONA
Lower Price Target$10.00$13.00 ➝ $10.00Market Perform ➝ Market Perform
9/17/2026
PSX
Phillips 66
Boost Price Target$273.00$260.00 ➝ $310.00Outperform ➝ Outperform
9/17/2026
DETRF
Deterra Royalties
Initiated Coverage$3.00 $5.25Outperform
9/17/2026
FLNC
Fluence Energy
Lower Price Target$7.00$14.00 ➝ $7.00Market Perform ➝ Market Perform
9/17/2026
MGA
Magna International
Downgrade$63.00Strong-Buy ➝ Hold
9/17/2026
MG
Magna International
DowngradeC$89.00Strong-Buy ➝ Hold
9/17/2026
CRM
Salesforce
Boost Price Target$238.00$250.00 ➝ $285.00Outperform ➝ Outperform
9/16/2026
JBHT
J.B. Hunt Transport Services
Reiterated Rating$234.00Outperform ➝ Outperform
9/16/2026
BMRN
BioMarin Pharmaceutical
Reiterated Rating$64.00Outperform ➝ Outperform
9/16/2026
ATHOF
Athabasca Oil
Downgrade$7.00Market Perform
9/16/2026
ATH
Athabasca Oil
DowngradeC$10.00 C$12.50Outperform ➝ Hold
9/16/2026
CTVA
Corteva
Lower Price Target$80.00$100.00 ➝ $95.00Outperform ➝ Outperform
9/15/2026
EVTZF
Evertz Technologies
Reiterated Rating$9.00Outperform ➝ Outperform
9/15/2026
PLAY
Dave & Buster's Entertainment
Lower Price Target$7.00$22.00 ➝ $13.00Outperform ➝ Outperform
9/15/2026
ET
Evertz Technologies
Lower Price TargetC$12.00C$18.00 ➝ C$17.00Outperform
9/15/2026
BWIN
Baldwin Insurance Group
Boost Price Target$32.00$26.00 ➝ $32.50Market Perform ➝ Market Perform
9/15/2026
DT
Dynatrace
Boost Price Target$55.00$60.00 ➝ $62.00Outperform ➝ Outperform
9/15/2026
ENB
Enbridge
UpgradeC$68.00C$79.00 ➝ C$79.50Hold ➝ Outperform
9/15/2026
THO
Thor Industries
Lower Price Target$68.00$110.00 ➝ $95.00Outperform ➝ Outperform
9/14/2026
ENB
Enbridge
Upgrade$49.00 $79.50Market Perform ➝ Outperform
9/14/2026
SRRK
Scholar Rock
Boost Price Target$47.00$76.00 ➝ $84.00Outperform ➝ Outperform
9/14/2026
PSTL
Postal Realty Trust
Boost Price Target$24.00$28.00 ➝ $29.00Outperform ➝ Outperform
9/11/2026
AMN
AMN Healthcare Services
Boost Price Target$34.00$38.00 ➝ $40.00Outperform ➝ Outperform
9/11/2026
JEF
Jefferies Financial Group
Lower Price Target$48.00$60.00 ➝ $57.00Market Perform ➝ Market Perform
9/11/2026
ORCL
Oracle
Lower Price Target$148.00$220.00 ➝ $195.00Outperform ➝ Outperform
9/11/2026
ADBE
Adobe
Boost Price Target$249.00$230.00 ➝ $270.00Market Perform ➝ Market Perform
9/10/2026
AYASF
Aya Gold & Silver
Reiterated Rating$18.00Outperform ➝ Outperform
9/10/2026
ASO
Academy Sports and Outdoors
Set Price Target$48.00 $42.00Market Perform ➝ Market Perform
9/10/2026
NVST
Envista
Reiterated Rating$23.00Market Perform ➝ Market Perform
9/10/2026
SRRK
Scholar Rock
Boost Price Target$47.00$76.00 ➝ $84.00Outperform ➝ Outperform
9/10/2026
CASY
Casey's General Stores
Set Price Target$597.00 $810.00
9/10/2026
SAIL
SailPoint
Reiterated Rating$20.00 $21.00Buy ➝ Buy
9/10/2026
AU
AngloGold Ashanti
Downgrade$103.00 $115.00Outperform ➝ Market Perform
9/10/2026
IRON
Disc Medicine
Reiterated Rating$70.00Outperform ➝ Outperform
9/10/2026
ASND
Ascendis Pharma A/S
Reiterated Rating$237.00Outperform ➝ Outperform
9/10/2026
AYA
Aya Gold & Silver
Boost Price TargetC$40.00C$41.00 ➝ C$46.00Outperform
9/9/2026
TMO
Thermo Fisher Scientific
Downgrade$651.00Market Perform
9/9/2026
CVS
CVS Health
Set Price Target$89.00 $112.00
9/9/2026
LLY
Eli Lilly and Company
Reiterated Rating$1,153.00Outperform ➝ Outperform
9/9/2026
AFRM
Affirm
Reiterated Rating$71.00Outperform ➝ Outperform
9/9/2026
SYK
Stryker
Reiterated Rating$275.00 $317.00Outperform ➝ Outperform
9/9/2026
UNFI
United Natural Foods
Reiterated Rating$47.00 $61.00Outperform ➝ Outperform
9/9/2026
LRN
Stride
Reiterated Rating$79.00 $38.00Outperform ➝ Outperform
9/9/2026
TTAN
ServiceTitan
Lower Price Target$55.00$103.00 ➝ $90.00Outperform
9/9/2026
LULU
lululemon athletica
Initiated Coverage$98.00 $70.00Underperform
9/8/2026
SHOO
Steven Madden
Initiated Coverage$42.00 $60.00Outperform
9/8/2026
VSXY
Victoria's Secret & Co.
Initiated Coverage$78.00 $80.00Market Perform
9/8/2026
ULTA
Ulta Beauty
Initiated Coverage$541.00 $580.00Market Perform ➝ Market Perform
9/8/2026
ASO
Academy Sports and Outdoors
Initiated Coverage$48.00 $42.00Market Perform ➝ Market Perform
9/8/2026
DKS
DICK'S Sporting Goods
Initiated Coverage$121.00 $110.00Underperform
9/8/2026
URBN
Urban Outfitters
Initiated Coverage$75.00 $80.00Market Perform ➝ Market Perform
9/8/2026
NKE
NIKE
Initiated Coverage$36.00 $30.00Outperform ➝ Underperform
9/8/2026
AEO
American Eagle Outfitters
Initiated Coverage$15.00 $18.00Market Perform ➝ Market Perform
9/8/2026
ANF
Abercrombie & Fitch
Initiated Coverage$136.00 $170.00Outperform
9/8/2026
CRI
Carter's
Initiated Coverage$30.00 $40.00Outperform
9/8/2026
BBWI
Bath & Body Works
Initiated Coverage$17.00 $20.00Outperform ➝ Market Perform
9/8/2026
GAP
GAP
Initiated Coverage$21.00 $23.00Market Perform ➝ Market Perform
9/8/2026
AS
Amer Sports
Initiated Coverage$27.00 $38.00Outperform
9/8/2026
ONON
ON
Initiated Coverage$27.00 $28.00Market Perform ➝ Market Perform
9/8/2026
BIRK
Birkenstock
Initiated Coverage$31.00 $35.00Outperform ➝ Market Perform
9/8/2026
BBWI
Bath & Body Works
Initiated Coverage$17.00 $20.00Outperform ➝ Market Perform
9/8/2026
ONON
ON
Initiated Coverage$27.00 $28.00Market Perform ➝ Market Perform
9/8/2026
CRI
Carter's
Initiated Coverage$30.00 $40.00Outperform
9/8/2026
URBN
Urban Outfitters
Initiated Coverage$75.00 $80.00Market Perform ➝ Market Perform
9/8/2026
DECK
Deckers Outdoor
Initiated Coverage$78.00 $70.00Underperform
9/8/2026
IONS
Ionis Pharmaceuticals
Lower Price Target$44.00$61.00 ➝ $54.00Market Perform ➝ Market Perform
9/8/2026
CMS
CMS Energy
Lower Price Target$65.00$82.00 ➝ $77.00Outperform ➝ Outperform
9/8/2026
AMGN
Amgen
Downgrade$386.00 $450.00Outperform ➝ Market Perform
9/8/2026
ANDG
Andersen Group
Initiated Coverage$55.00 $58.00Market Perform
9/8/2026
BNTX
BioNTech
Downgrade$96.00$128.00 ➝ $105.00Outperform ➝ Market Perform
9/8/2026
AEO
American Eagle Outfitters
Upgrade$15.00Hold
9/8/2026
BBWI
Bath & Body Works
Upgrade$17.00Hold
9/8/2026
GAP
GAP
Upgrade$21.00Hold
9/8/2026
ONON
ON
Upgrade$27.00Hold
9/8/2026
AS
Amer Sports
Upgrade$27.00Strong-Buy
9/8/2026
CRI
Carter's
Upgrade$30.00Strong-Buy
9/8/2026
BIRK
Birkenstock
Upgrade$31.00Hold
9/8/2026
NKE
NIKE
Upgrade$36.00Strong Sell
9/8/2026
SHOO
Steven Madden
Upgrade$42.00Strong-Buy
9/8/2026
ANDG
Andersen Group
Initiated Coverage$55.00 $58.00Market Perform
9/8/2026
ASO
Academy Sports and Outdoors
Upgrade$48.00Hold
9/8/2026
VSXY
Victoria's Secret & Co.
Upgrade$78.00Hold
9/8/2026
URBN
Urban Outfitters
Upgrade$75.00Hold
9/8/2026
DECK
Deckers Outdoor
Upgrade$78.00Strong Sell
9/8/2026
DKS
DICK'S Sporting Goods
Upgrade$121.00Strong Sell
9/8/2026
ANF
Abercrombie & Fitch
Upgrade$136.00Strong-Buy
9/8/2026
ULTA
Ulta Beauty
Upgrade$541.00Hold
9/4/2026
IONS
Ionis Pharmaceuticals
Boost Price Target$44.00$60.00 ➝ $61.00Market Perform ➝ Market Perform
9/4/2026
ZS
Zscaler
Boost Price Target$197.00$178.00 ➝ $200.00Outperform ➝ Outperform
9/4/2026
PATH
UiPath
Boost Price Target$13.00$13.00 ➝ $18.00Market Perform ➝ Market Perform
9/4/2026
IOT
Samsara
Boost Price Target$40.00$44.00 ➝ $54.00Outperform ➝ Outperform
9/4/2026
TSN
Tyson Foods
Lower Price Target$53.00$75.00 ➝ $65.00Outperform ➝ Outperform
9/4/2026
KEY
Keyera
Lower Price TargetC$55.00C$65.00 ➝ C$64.00Outperform
9/3/2026
UBER
Uber Technologies
Set Price Target$71.00 $119.00