Cormark Stock Recommendations and Price Targets

This is a list of recent ratings by Cormark.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
3/24/2023	PNG Kraken Robotics	Set Price Target	C$1.00	C$1.00	Buy	N/A
3/24/2023	AVN Avanti Helium	Lower Price Target	C$1.00	C$3.75 ➝ C$2.50		N/A
3/24/2023	CPLF Copperleaf Technologies	Lower Price Target	C$5.00	C$8.00 ➝ C$7.00		N/A
3/24/2023	SYZ Sylogist	Boost Price Target	C$15.00	C$9.00 ➝ C$11.00		N/A
3/23/2023	QTRH Quarterhill	Downgrade	C$1.00	C$2.20 ➝ C$1.75	Buy ➝ Market Perform	N/A
3/22/2023	ERE.UN European Residential Real Estate Investment Trust	Set Price Target	C$3.00	C$4.15	Buy	N/A
3/20/2023	CHW Chesswood Group	Lower Price Target	C$9.00	C$16.25 ➝ C$15.75		N/A
3/20/2023	APR.UN Automotive Properties Real Est Invt TR	Lower Price Target	C$12.00	C$13.85 ➝ C$13.20		N/A
3/20/2023	PBH Premium Brands	Boost Price Target	C$97.00	C$115.00 ➝ C$120.00		N/A
3/14/2023	BOS AirBoss of America	Boost Price Target	C$8.00	C$9.25 ➝ C$12.00		N/A
3/14/2023	SIL SilverCrest Metals	Lower Price Target	C$9.00	C$13.50 ➝ C$12.50		N/A
3/13/2023	PBL Pollard Banknote	Boost Price Target	C$21.00	C$25.00 ➝ C$29.00		N/A
3/10/2023	SCL Shawcor	Boost Price Target	C$12.00	C$15.00 ➝ C$18.50		N/A
3/10/2023	TOY Spin Master	Lower Price Target	C$36.00	C$59.00 ➝ C$54.00		N/A
3/10/2023	DCBO Docebo	Lower Price Target	C$52.00	C$74.00 ➝ C$72.00		N/A
3/9/2023	AFN Ag Growth International	Boost Price Target	C$60.00	C$73.00 ➝ C$77.00		N/A
3/7/2023	CXB Calibre Mining	Boost Price Target	C$1.00	C$1.60 ➝ C$1.70		N/A
3/7/2023	SES Secure Energy Services	Lower Price Target	C$6.00	C$12.00 ➝ C$10.50		N/A
3/7/2023	CJT Cargojet	Downgrade	C$107.00	C$175.00 ➝ C$120.00	Buy ➝ Market Perform	N/A
3/3/2023	GCL Colabor Group	Boost Price Target	C$1.00	C$1.55 ➝ C$1.65		N/A
3/3/2023	MRE Martinrea International	Boost Price Target	C$13.00	C$16.50 ➝ C$19.00		N/A
3/3/2023	ACQ AutoCanada	Lower Price Target	C$18.00	C$43.50 ➝ C$36.25		N/A
3/3/2023	CWB Canadian Western Bank	Lower Price Target	C$24.00	C$30.00 ➝ C$29.00		N/A
3/3/2023	TCS Tecsys	Upgrade	C$28.00	C$41.00 ➝ C$43.00	Market Perform ➝ Buy	N/A
3/3/2023	TD Toronto-Dominion Bank	Lower Price Target	C$78.00	C$111.00 ➝ C$105.00		N/A
3/2/2023	TPZ Topaz Energy	Lower Price Target	C$19.00	C$31.00 ➝ C$28.00		N/A
3/2/2023	TSU Trisura Group	Lower Price Target	C$32.00	C$56.50 ➝ C$51.00		N/A
3/2/2023	NA National Bank of Canada	Boost Price Target	C$93.00	C$112.00 ➝ C$113.00		N/A
3/2/2023	RY Royal Bank of Canada	Lower Price Target	C$127.00	C$161.00 ➝ C$152.00		N/A
3/1/2023	LB Laurentian Bank of Canada	Lower Price Target	C$32.00	C$45.00 ➝ C$42.00		N/A
3/1/2023	BNS Bank of Nova Scotia	Lower Price Target	C$66.00	C$75.00 ➝ C$70.00		N/A
3/1/2023	BMO Bank of Montreal	Lower Price Target	C$116.00	C$148.00 ➝ C$147.00		N/A
2/27/2023	OR Osisko Gold Royalties	Boost Price Target	C$21.00	C$22.00 ➝ C$23.00		N/A
2/24/2023	SVI StorageVault Canada	Boost Price Target	C$6.00	C$7.00 ➝ C$7.25		N/A
2/24/2023	EIF Exchange Income	Boost Price Target	C$51.00	C$64.00 ➝ C$65.00		N/A
2/24/2023	STLC Stelco	Boost Price Target	C$52.00	C$59.50 ➝ C$63.00		N/A
2/24/2023	AIF Altus Group	Boost Price Target	C$55.00	C$70.00 ➝ C$74.00		N/A
2/22/2023	GIP Green Impact Partners	Boost Price Target	C$8.00	C$10.00 ➝ C$14.00		N/A
2/21/2023	IMG IAMGOLD	Lower Price Target	C$4.00	C$5.75 ➝ C$4.50		N/A
2/21/2023	EQB EQB	Boost Price Target	C$55.00	C$81.00 ➝ C$84.00		N/A
2/21/2023	FFH Fairfax Financial	Boost Price Target	C$900.00	C$1,000.00 ➝ C$1,150.00		N/A
2/17/2023	CHR Chorus Aviation	Lower Price Target	C$3.00	C$4.75 ➝ C$4.25		N/A
2/17/2023	K Kinross Gold	Lower Price Target	C$6.00	C$6.75 ➝ C$6.00		N/A
2/16/2023	ABX Barrick Gold	Lower Price Target	C$25.00	C$27.00 ➝ C$25.00		N/A
2/16/2023	GSY goeasy	Boost Price Target	C$108.00	C$180.00 ➝ C$185.00		N/A
2/15/2023	ALYA Alithya Group	Boost Price Target	C$3.00	C$3.50 ➝ C$3.85		N/A
2/15/2023	CTS Converge Technology Solutions	Lower Price Target	C$4.00	C$9.00 ➝ C$8.00		N/A
2/15/2023	ASTL Algoma Steel Group	Boost Price Target	C$10.00	C$14.00 ➝ C$15.50		N/A
2/15/2023	AD.UN Alaris Equity Partners Income Trust (AD.UN)	Boost Price Target	C$17.00	C$22.50 ➝ C$24.50		N/A
2/13/2023	IDG Indigo Books & Music	Lower Price Target	C$2.00	C$5.00 ➝ C$4.30		N/A
2/13/2023	STC Sangoma Technologies	Lower Price Target	C$4.00	C$20.00 ➝ C$17.00		N/A
2/13/2023	RUP Rupert Resources	Lower Price Target	C$5.00	C$8.50 ➝ C$8.25		N/A
2/13/2023	VCM Vecima Networks	Boost Price Target	C$22.00	C$25.00 ➝ C$28.00		N/A
2/10/2023	T TELUS	Boost Price Target	C$27.00	C$32.00 ➝ C$33.00		N/A
2/10/2023	DFY Definity Financial	Lower Price Target	C$35.00	C$45.00 ➝ C$40.00		N/A
2/10/2023	SLF Sun Life Financial	Boost Price Target	C$61.00	C$72.00 ➝ C$73.00		N/A
2/8/2023	IFC Intact Financial	Lower Price Target	C$193.00	C$211.00 ➝ C$207.00		N/A
2/7/2023	TFII TFI International	Boost Price Target	C$154.00	C$145.00 ➝ C$165.00		N/A
2/6/2023	EQB EQB	Boost Price Target	C$55.00	C$75.00 ➝ C$81.00		N/A
2/3/2023	LSPD Lightspeed Commerce	Lower Price Target	C$20.00	C$34.00 ➝ C$29.00		N/A
2/3/2023	AFN Ag Growth International	Boost Price Target	C$60.00	C$63.00 ➝ C$73.00		N/A
2/3/2023	BCE BCE	Boost Price Target	C$61.00	C$67.00 ➝ C$69.00		N/A
2/3/2023	RCI.B Rogers Communications	Boost Price Target	C$63.00	C$69.00 ➝ C$74.00		N/A
2/2/2023	CS Capstone Copper	Boost Price Target	C$6.00	C$6.00 ➝ C$7.00		N/A
2/2/2023	XTC Exco Technologies	Lower Price Target	C$7.00	C$12.25 ➝ C$9.75		N/A
1/30/2023	BRO Barksdale Resources	Boost Price Target	C$1.00	C$1.00 ➝ C$1.25		N/A
1/24/2023	INE Innergex Renewable Energy	Lower Price Target	C$14.00	C$20.00 ➝ C$19.00		N/A
1/23/2023	AD.UN Alaris Equity Partners Income Trust (AD.UN)	Lower Price Target	C$17.00	C$23.00 ➝ C$22.50		N/A
1/23/2023	MFC Manulife Financial	Boost Price Target	C$24.00	C$25.00 ➝ C$27.00		N/A
1/23/2023	SLF Sun Life Financial	Boost Price Target	C$61.00	C$64.00 ➝ C$72.00		N/A
1/23/2023	IAG iA Financial	Boost Price Target	C$82.00	C$87.00 ➝ C$95.00		N/A
1/20/2023	BTO B2Gold	Lower Price Target	C$5.00	C$7.00 ➝ C$6.75		N/A
1/20/2023	FR First Majestic Silver	Lower Price Target	C$9.00	C$17.00 ➝ C$15.00		N/A
1/18/2023	ISO IsoEnergy	Set Price Target	C$2.00	C$5.00	Buy	N/A
1/18/2023	LSPD Lightspeed Commerce	Lower Price Target	C$20.00	C$41.00 ➝ C$34.00		N/A
1/18/2023	ABX Barrick Gold	Lower Price Target	C$25.00	C$28.00 ➝ C$27.00		N/A
1/17/2023	OLA Orla Mining	Lower Price Target	C$1.00	C$6.00 ➝ C$5.75		N/A
1/17/2023	SXP Supremex	Set Price Target	C$6.00	C$9.15	Buy	N/A
1/17/2023	MTL Mullen Group	Lower Price Target	C$14.00	C$19.00 ➝ C$17.00		N/A
1/16/2023	CJR.B Corus Entertainment	Lower Price Target	C$2.00	C$2.30 ➝ C$2.10		N/A
1/16/2023	TSU Trisura Group	Lower Price Target	C$32.00	C$58.00 ➝ C$56.50		N/A
1/13/2023	FFH Fairfax Financial	Boost Price Target	C$900.00	C$900.00 ➝ C$1,000.00		N/A
1/9/2023	YGR Yangarra Resources	Lower Price Target	C$2.00	C$5.25 ➝ C$4.00		N/A
12/30/2022	BLX Boralex	Boost Price Target	C$39.00	C$55.00 ➝ C$57.50		N/A
12/29/2022	SPB Superior Plus	Boost Price Target	C$11.00	C$14.00 ➝ C$15.00		N/A
12/21/2022	IMG IAMGOLD	Boost Price Target	C$4.00	C$2.50 ➝ C$3.75		N/A
12/14/2022	TCL.A Transcontinental	Boost Price Target	C$13.00	C$25.00		N/A
12/9/2022	ARR Altius Renewable Royalties	Boost Price Target	C$8.00	C$15.50 ➝ C$17.50	Outperform	N/A
12/8/2022	TVE Tamarack Valley Energy	Lower Price Target	C$4.00	C$6.50 ➝ C$6.00		N/A
12/2/2022	TCS Tecsys	Lower Price Target	C$28.00	C$46.50 ➝ C$41.00	Buy ➝ Market Perform	N/A
12/2/2022	CM Canadian Imperial Bank of Commerce	Lower Price Target	C$57.00	C$69.00 ➝ C$64.00		N/A
12/2/2022	BMO Bank of Montreal	Lower Price Target	C$116.00	C$147.00 ➝ C$145.00		N/A
12/1/2022	FOM Foran Mining	Boost Price Target	C$4.00	C$2.75 ➝ C$3.15		N/A
12/1/2022	KUT RediShred Capital	Lower Price Target	C$4.00	C$7.75 ➝ C$5.75		N/A
12/1/2022	XTC Exco Technologies	Lower Price Target	C$7.00	C$12.50 ➝ C$12.25		N/A
12/1/2022	LUG Lundin Gold	Boost Price Target	C$15.00	C$13.00 ➝ C$13.50		N/A
12/1/2022	NA National Bank of Canada	Lower Price Target	C$93.00	C$107.00 ➝ C$105.00		N/A
12/1/2022	RY Royal Bank of Canada	Boost Price Target	C$127.00	C$147.00 ➝ C$152.00		N/A
11/30/2022	BNS Bank of Nova Scotia	Lower Price Target	C$66.00	C$76.00 ➝ C$75.00		N/A
11/24/2022	BTR Bonterra Resources	Lower Price Target	C$0.00	C$1.30 ➝ C$1.00		N/A