BMO Capital Markets Stock Recommendations and Price Targets

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.

This is a list of recent ratings by BMO Capital Markets.

Date	Company Name	Action	Current Price	Price Target	Rating
6/19/2026	EMLAF Empire	Reiterated Rating	$36.00		Outperform ➝ Outperform
6/19/2026	ACN Accenture	Reiterated Rating	$127.00	$150.00	Market Perform ➝ Market Perform
6/18/2026	WPC W.P. Carey	Lower Price Target	$71.00	$86.00 ➝ $84.00	Outperform ➝ Outperform
6/16/2026	KEYUF Keyera	Reiterated Rating	$39.00		Outperform ➝ Outperform
6/16/2026	PLAY Dave & Buster's Entertainment	Lower Price Target	$12.00	$24.00 ➝ $22.00	Outperform ➝ Outperform
6/16/2026	ARX Accelerant	Boost Price Target	$13.00	$16.50 ➝ $17.00	Outperform ➝ Outperform
6/16/2026	DT Dynatrace	Boost Price Target	$41.00	$43.00 ➝ $50.00	Outperform ➝ Outperform
6/16/2026	KEY Keyera	Boost Price Target	C$56.00	C$60.00 ➝ C$65.00
6/15/2026	LRN Stride	Reiterated Rating	$83.00		Market Perform ➝ Market Perform
6/15/2026	LLY Eli Lilly and Company	Reiterated Rating	$1,099.00		Outperform ➝ Outperform
6/15/2026	INCY Incyte	Reiterated Rating	$98.00		Underperform ➝ Underperform
6/15/2026	SKT Tanger	Boost Price Target	$39.00	$40.00 ➝ $42.00	Market Perform ➝ Market Perform
6/15/2026	NHI National Health Investors	Lower Price Target	$71.00	$90.00 ➝ $80.00	Outperform ➝ Outperform
6/15/2026	KRC Kilroy Realty	Boost Price Target	$37.00	$34.00 ➝ $38.00	Market Perform ➝ Market Perform
6/15/2026	INVH Invitation Home	Boost Price Target	$28.00	$32.00 ➝ $35.00	Market Perform ➝ Market Perform
6/15/2026	HPP Hudson Pacific Properties	Reiterated Rating	$15.00	$8.00 ➝ $16.00	Market Perform ➝ Market Perform
6/15/2026	DOC Healthpeak Properties	Boost Price Target	$20.00	$20.00 ➝ $24.00	Outperform ➝ Outperform
6/15/2026	CTRE CareTrust REIT	Boost Price Target	$37.00	$46.00 ➝ $47.00	Outperform ➝ Outperform
6/15/2026	LCLN Lincoln International	Initiated Coverage	$24.00	$26.00	Market Perform
6/15/2026	LCLN Lincoln International	Upgrade	$24.00		Hold
6/15/2026	BRX Brixmor Property Group	Boost Price Target	$31.00	$35.00 ➝ $37.00	Outperform ➝ Outperform
6/15/2026	AMH American Homes 4 Rent	Boost Price Target	$32.00	$36.00 ➝ $39.00	Market Perform ➝ Market Perform
6/15/2026	VNO Vornado Realty Trust	Boost Price Target	$38.00	$33.00 ➝ $43.00	Outperform ➝ Outperform
6/15/2026	PPG PPG Industries	Boost Price Target	$118.00	$135.00 ➝ $140.00	Outperform ➝ Outperform
6/15/2026	CP Canadian Pacific Kansas City	Boost Price Target	C$121.00	C$132.00 ➝ C$142.00	Outperform
6/15/2026	PSA Public Storage	Boost Price Target	$318.00	$305.00 ➝ $340.00	Market Perform ➝ Market Perform
6/12/2026	TFPM Triple Flag Precious Metals	Reiterated Rating	$30.00		Market Perform ➝ Market Perform
6/12/2026	DLMAF Dollarama	Reiterated Rating	$135.00		Outperform ➝ Outperform
6/12/2026	MPC Marathon Petroleum	Reiterated Rating	$243.00		Outperform ➝ Outperform
6/12/2026	DDOG Datadog	Reiterated Rating	$223.00	$260.00	Outperform ➝ Outperform
6/12/2026	XHR Xenia Hotels & Resorts	Reiterated Rating	$20.00	$21.00	Outperform ➝ Outperform
6/12/2026	RHP Ryman Hospitality Properties	Reiterated Rating	$125.00	$137.00	Outperform ➝ Outperform
6/12/2026	PEB Pebblebrook Hotel Trust	Reiterated Rating	$19.00	$17.00	Market Perform ➝ Market Perform
6/12/2026	PK Park Hotels & Resorts	Reiterated Rating	$15.00	$14.00	Market Perform ➝ Market Perform
6/12/2026	HST Host Hotels & Resorts	Reiterated Rating	$25.00	$27.00	Outperform ➝ Outperform
6/12/2026	CLDT Chatham Lodging Trust	Reiterated Rating	$13.00	$12.00	Market Perform ➝ Market Perform
6/12/2026	APLE Apple Hospitality REIT	Boost Price Target	$17.00	$14.00 ➝ $16.00	Market Perform ➝ Market Perform
6/12/2026	ARE Alexandria Real Estate Equities	Boost Price Target	$51.00	$52.00 ➝ $54.00	Market Perform ➝ Market Perform
6/12/2026	DOL Dollarama	Boost Price Target	C$187.00	C$210.00 ➝ C$221.00
6/12/2026	ADBE Adobe	Lower Price Target	$196.00	$285.00 ➝ $230.00	Market Perform ➝ Market Perform
6/12/2026	DDOG Datadog	Boost Price Target	$223.00	$220.00 ➝ $260.00
6/11/2026	DTLIF D2L	Reiterated Rating	$7.00		Market Perform ➝ Market Perform
6/11/2026	BDIMF Black Diamond Group	Reiterated Rating	$14.00		Outperform ➝ Outperform
6/11/2026	CASY Casey's General Stores	Boost Price Target	$842.00	$700.00 ➝ $950.00	Market Perform ➝ Market Perform
6/11/2026	NAVN Navan	Boost Price Target	$22.00	$22.00 ➝ $30.00	Outperform ➝ Outperform
6/11/2026	NWC North West	Lower Price Target	C$49.00	C$63.00 ➝ C$59.00	Outperform
6/11/2026	ORCL Oracle	Boost Price Target	$185.00	$200.00 ➝ $220.00	Outperform ➝ Outperform
6/10/2026	ETR Entergy	Set Price Target	$111.00	$123.00
6/10/2026	SAIL SailPoint	Reiterated Rating	$13.00		Outperform ➝ Outperform
6/10/2026	DVN Devon Energy	Reiterated Rating	$42.00		Outperform ➝ Outperform
6/10/2026	SAIL SailPoint	Set Price Target	$13.00	$19.00
6/10/2026	UNFI United Natural Foods	Reiterated Rating	$51.00	$56.00	Outperform ➝ Outperform
6/10/2026	ETR Entergy	Reiterated Rating	$111.00		Outperform ➝ Outperform
6/10/2026	WEN Wendy's	Reiterated Rating	$7.00		Market Perform ➝ Market Perform
6/10/2026	TAC TransAlta	Initiated Coverage	$14.00		Outperform
6/9/2026	BE Bloom Energy	Reiterated Rating	$328.00		Outperform ➝ Outperform
6/9/2026	TAC TransAlta	Set Price Target	$14.00	$25.00
6/9/2026	GLGDF GoGold Resources	Reiterated Rating	$2.00		Outperform ➝ Outperform
6/9/2026	TFII TFI International	Reiterated Rating	$145.00	$140.00 ➝ $170.00	Market Perform ➝ Market Perform
6/8/2026	FINGF Finning International	Reiterated Rating	$70.00		Outperform ➝ Outperform
6/8/2026	JEF Jefferies Financial Group	Boost Price Target	$62.00	$42.00 ➝ $60.00	Market Perform ➝ Market Perform
6/8/2026	CIAFF Champion Iron	Downgrade	$3.00		Market Perform
6/8/2026	BXDC Blackstone Digital Infrastructure Trust	Initiated Coverage	$22.00	$23.00	Market Perform
6/8/2026	CIA Champion Iron	Downgrade	C$4.00		Strong-Buy ➝ Hold
6/8/2026	BXDC Blackstone Digital Infrastructure Trust	Initiated Coverage	$22.00	$23.00	Market Perform
6/8/2026	EQR Equity Residential	Boost Price Target	$64.00	$68.00 ➝ $75.00	Market Perform ➝ Market Perform
6/5/2026	HON Honeywell International	Reiterated Rating	$229.00		Outperform ➝ Outperform
6/5/2026	TCL.A Transcontinental	Lower Price Target	C$5.00	C$6.25 ➝ C$6.00	Market Perform
6/5/2026	PPL PPL	Lower Price Target	$35.00	$40.00 ➝ $39.00	Outperform ➝ Outperform
6/5/2026	TTAN ServiceTitan	Boost Price Target	$64.00	$92.00 ➝ $103.00	Outperform ➝ Outperform
6/5/2026	RBRK Rubrik	Boost Price Target	$70.00	$73.00 ➝ $87.00	Outperform ➝ Outperform
6/5/2026	SOLS Solstice Advanced Mat	Boost Price Target	$86.00	$92.00 ➝ $101.00	Outperform ➝ Outperform
6/5/2026	JBHT J.B. Hunt Transport Services	Boost Price Target	$271.00	$250.00 ➝ $320.00	Outperform ➝ Outperform
6/4/2026	LOPE Grand Canyon Education	Reiterated Rating	$142.00		Outperform ➝ Outperform
6/4/2026	THO Thor Industries	Lower Price Target	$72.00	$120.00 ➝ $110.00	Outperform ➝ Outperform
6/4/2026	CMS CMS Energy	Lower Price Target	$73.00	$82.00 ➝ $81.00	Outperform ➝ Outperform
6/4/2026	ODFL Old Dominion Freight Line	Reiterated Rating	$221.00	$230.00	Outperform ➝ Outperform
6/4/2026	SAIA Saia	Boost Price Target	$435.00	$450.00 ➝ $470.00	Market Perform ➝ Market Perform
6/4/2026	XPO XPO	Boost Price Target	$200.00	$240.00 ➝ $245.00	Outperform ➝ Outperform
6/4/2026	NTSK Netskope	Lower Price Target	$9.00	$14.00 ➝ $13.00	Outperform ➝ Outperform
6/4/2026	VEEV Veeva Systems	Lower Price Target	$153.00	$220.00 ➝ $175.00	Market Perform ➝ Market Perform
6/4/2026	CRWD CrowdStrike	Boost Price Target	$685.00	$685.00 ➝ $745.00	Outperform ➝ Outperform
6/3/2026	SHW Sherwin-Williams	Set Price Target	$321.00	$420.00 ➝ $355.00	Outperform ➝ Outperform
6/3/2026	DG Dollar General	Lower Price Target	$113.00	$135.00 ➝ $120.00	Market Perform ➝ Market Perform
6/3/2026	NUE Nucor	Boost Price Target	$244.00	$250.00 ➝ $285.00	Outperform ➝ Outperform
6/3/2026	PANW Palo Alto Networks	Boost Price Target	$288.00	$270.00 ➝ $335.00	Outperform ➝ Outperform
6/2/2026	ZPTAF Surge Energy	Reiterated Rating	$7.00		Outperform ➝ Outperform
6/2/2026	OBE Obsidian Energy	Reiterated Rating	$9.00		Outperform ➝ Outperform
6/2/2026	BXP BXP	Reiterated Rating	$65.00	$68.00	Outperform ➝ Outperform
6/1/2026	TOST Toast	Reiterated Rating	$25.00		Outperform ➝ Outperform
6/1/2026	PATH UiPath	Lower Price Target	$10.00	$14.00 ➝ $13.00	Market Perform ➝ Market Perform
6/1/2026	FDX FedEx	Lower Price Target	$326.00	$410.00 ➝ $340.00	Market Perform ➝ Market Perform
5/29/2026	PREKF PrairieSky Royalty	Reiterated Rating	$22.00		Outperform ➝ Outperform
5/29/2026	BDRBF Bombardier	Reiterated Rating	$213.00		Outperform ➝ Outperform
5/29/2026	OKTA Okta	Boost Price Target	$118.00	$95.00 ➝ $120.00	Outperform ➝ Outperform
5/29/2026	ICLR Icon	Boost Price Target	$146.00	$130.00 ➝ $160.00	Outperform ➝ Outperform
5/29/2026	ADSK Autodesk	Lower Price Target	$194.00	$279.00 ➝ $262.00	Market Perform ➝ Market Perform
5/29/2026	MDB MongoDB	Boost Price Target	$333.00	$360.00 ➝ $375.00	Outperform ➝ Outperform
5/28/2026	CVO Coveo Solutions	Lower Price Target	C$4.00	C$10.00 ➝ C$6.00	Outperform
5/28/2026	CRM Salesforce	Lower Price Target	$152.00	$225.00 ➝ $215.00	Outperform ➝ Outperform