TD Securities Stock Recommendations and Price Targets

This is a list of recent ratings by TD Securities.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
1/17/2022	ROOT Roots	Reiterated Rating	C$4.00	C$5.00	Action List Buy	N/A
1/17/2022	CGO Cogeco	Lower Price Target	C$80.00	C$130.00	Buy	N/A
1/14/2022	SHERF Sherritt International	Upgrade	$0.00		Hold ➝ Buy	High
1/14/2022	S Sherritt International	Upgrade	C$1.00	C$0.65 ➝ C$0.90	Hold ➝ Speculative Buy	N/A
1/14/2022	DNN Denison Mines	Lower Price Target	C$1.00	C$2.40 ➝ C$2.25		N/A
1/14/2022	DML Denison Mines	Lower Price Target	C$2.00	C$2.40 ➝ C$2.25	Hold	N/A
1/14/2022	IAG IAMGOLD	Lower Price Target	C$3.00	C$6.00 ➝ C$5.00		Low
1/14/2022	IMG IAMGOLD	Lower Price Target	C$3.00	C$6.00 ➝ C$5.00	Buy	N/A
1/14/2022	NXE NexGen Energy	Lower Price Target	C$4.00	C$10.00 ➝ C$9.50		N/A
1/14/2022	NXE NexGen Energy	Lower Price Target	C$4.00	C$10.00 ➝ C$9.50		N/A
1/14/2022	NXE NexGen Energy	Lower Price Target	C$5.00	C$10.00 ➝ C$9.50	Speculative Buy	N/A
1/14/2022	TECK Teck Resources	Boost Price Target	C$35.00	C$47.00 ➝ C$56.00		Medium
1/14/2022	TECK.B Teck Resources	Boost Price Target	C$43.00	C$47.00 ➝ C$56.00	Action List Buy	N/A
1/13/2022	CXB Calibre Mining	Lower Price Target	C$1.00	C$2.75 ➝ C$2.25		N/A
1/13/2022	CXBMF Calibre Mining	Lower Price Target	C$1.00	C$2.75 ➝ C$2.25		Low
1/13/2022	ATZAF Aritzia	Boost Price Target	C$46.00	C$57.00 ➝ C$68.00		Medium
1/13/2022	MEOH Methanex	Lower Price Target	$47.00	$59.00 ➝ $58.00	Buy	Medium
1/13/2022	ATZ Aritzia	Boost Price Target	C$58.00	C$57.00 ➝ C$68.00	Buy	N/A
1/12/2022	TAC TransAlta	Lower Price Target	C$11.00	C$17.50 ➝ C$17.00		Low
1/12/2022	TRSWF TransAlta Renewables	Lower Price Target	C$14.00	C$19.50 ➝ C$18.00		Low
1/12/2022	TA TransAlta	Lower Price Target	C$13.00	C$17.50 ➝ C$17.00	Buy	N/A
1/12/2022	VET Vermilion Energy	Boost Price Target	C$16.00	C$22.00 ➝ C$23.00		Low
1/12/2022	RNW TransAlta Renewables	Lower Price Target	C$17.00	C$19.50 ➝ C$18.00	Hold	N/A
1/12/2022	CNQ Canadian Natural Resources	Boost Price Target	C$53.00	C$63.00 ➝ C$69.00		Medium
1/12/2022	CNQ Canadian Natural Resources	Boost Price Target	C$66.00	C$63.00 ➝ C$69.00	Buy	N/A
1/11/2022	VET Vermilion Energy	Boost Price Target	C$19.00	C$22.00 ➝ C$23.00	Buy	N/A
1/10/2022	OAMCF OverActive Media	Initiated Coverage	C$1.00	C$2.00	Buy	N/A
1/7/2022	ATGFF AltaGas	Boost Price Target	C$22.00	C$29.00 ➝ C$30.00		Low
1/7/2022	WNGRF George Weston	Boost Price Target	C$110.00	C$170.00 ➝ C$175.00		Low
1/6/2022	ALA AltaGas	Boost Price Target	C$27.00	C$29.00 ➝ C$30.00	Buy	N/A
1/6/2022	FTS Fortis	Downgrade	$46.00	$64.00 ➝ $65.00	Buy ➝ Buy	Low
1/6/2022	FTS Fortis	Downgrade	C$58.00	C$64.00 ➝ C$65.00	Action List Buy ➝ Buy	N/A
1/6/2022	RBA Ritchie Bros. Auctioneers	Upgrade	$62.00	$69.00 ➝ $64.00	Hold ➝ Buy	Low
1/6/2022	EMA Emera	Boost Price Target	C$60.00	C$64.00 ➝ C$66.00	Buy ➝ Buy	N/A
1/6/2022	MRU Metro	Boost Price Target	C$66.00	C$70.00 ➝ C$72.00	Hold	N/A
1/6/2022	RBA Ritchie Bros. Auctioneers	Upgrade	C$78.00		Buy	N/A
1/6/2022	L Loblaw Companies	Boost Price Target	C$96.00	C$110.00 ➝ C$115.00	Buy ➝ Buy	N/A
1/6/2022	WN George Weston	Boost Price Target	C$137.00	C$170.00 ➝ C$175.00	Buy	N/A
1/5/2022	WEF Western Forest Products	Boost Price Target	C$2.00	C$2.25 ➝ C$2.50		N/A
1/5/2022	CPG Crescent Point Energy	Upgrade	$7.00		Buy	Medium
1/5/2022	CFX Canfor Pulp Products	Lower Price Target	C$6.00	C$7.50 ➝ C$7.00		N/A
1/5/2022	SVI StorageVault Canada	Boost Price Target	C$7.00	C$7.00 ➝ C$7.50		N/A
1/5/2022	CPG Crescent Point Energy	Upgrade	C$8.00	C$9.50 ➝ C$12.00	Buy ➝ Action List Buy	N/A
1/5/2022	HR.UN H&R Real Estate Investment Trust	Lower Price Target	C$13.00	C$20.00 ➝ C$15.50	Buy	N/A
1/5/2022	CAS Cascades	Boost Price Target	C$13.00	C$15.00 ➝ C$15.50		N/A
1/5/2022	APR.UN Automotive Properties Real Est Invt TR	Boost Price Target	C$14.00	C$15.50 ➝ C$16.00		N/A
1/5/2022	FCR.UN First Capital Realty	Boost Price Target	C$18.00	C$22.00 ➝ C$23.00		N/A
1/5/2022	RRC Range Resources	Upgrade	$20.00	$16.50 ➝ $22.00	Reduce ➝ Hold	High
1/5/2022	NFI NFI Group	Lower Price Target	C$19.00	C$25.00 ➝ C$23.00		N/A
1/5/2022	TRQ Turquoise Hill Resources	Boost Price Target	C$21.00	C$18.00 ➝ C$23.00	Hold	N/A
1/5/2022	UNS Uni-Select	Boost Price Target	C$23.00	C$29.00 ➝ C$30.00		N/A
1/5/2022	CFP Canfor	Boost Price Target	C$31.00	C$38.00 ➝ C$41.00		N/A
1/5/2022	ABSSF AirBoss of America	Boost Price Target	C$35.00	C$49.00 ➝ C$53.00	Buy ➝ Buy	Low
1/5/2022	GOOS Canada Goose	Upgrade	$31.00	$60.00 ➝ $59.00	Hold ➝ Buy	High
1/5/2022	DRM Dream Unlimited	Boost Price Target	C$39.00	C$42.00 ➝ C$45.00		N/A
1/5/2022	IFP Interfor	Boost Price Target	C$40.00	C$43.00 ➝ C$54.00		N/A
1/5/2022	ANDHF Andlauer Healthcare Group	Downgrade	$39.00		Buy ➝ Hold	Low
1/5/2022	PLC Park Lawn	Boost Price Target	C$39.00	C$46.00 ➝ C$47.00		N/A
1/5/2022	BOS AirBoss of America	Boost Price Target	C$44.00	C$49.00 ➝ C$53.00	Buy	N/A
1/5/2022	GOOS Canada Goose	Upgrade	C$39.00	C$60.00 ➝ C$59.00	Hold ➝ Buy	N/A
1/5/2022	AND Andlauer Healthcare Group	Downgrade	C$49.00	C$55.00	Buy ➝ Hold	N/A
1/5/2022	BEI.UN Boardwalk REIT	Boost Price Target	C$57.00	C$68.00 ➝ C$70.00		N/A
1/5/2022	CCL.B CCL Industries	Lower Price Target	C$66.00	C$81.00 ➝ C$80.00		N/A
1/4/2022	ATZAF Aritzia	Boost Price Target	C$46.00	C$53.00 ➝ C$57.00		High
1/4/2022	ATZ Aritzia	Boost Price Target	C$58.00	C$53.00 ➝ C$57.00	Buy	N/A
12/30/2021	KBL K-Bro Linen	Lower Price Target	C$34.00	C$55.00 ➝ C$49.00	Buy	N/A
12/29/2021	TMQ Trilogy Metals	Upgrade	C$2.00	C$3.50	Hold ➝ Speculative Buy	N/A
12/29/2021	CADNF Cascades	Downgrade	$11.00	$15.00	Hold	Low
12/29/2021	CAS Cascades	Downgrade	C$13.00	C$18.00 ➝ C$15.00	Buy ➝ Hold	N/A
12/23/2021	TMQ Trilogy Metals	Upgrade	$2.00		Hold ➝ Speculative Buy	N/A
12/23/2021	TMQ Trilogy Metals	Upgrade	C$2.00	C$3.50	Hold ➝ Speculative Buy	N/A
12/23/2021	CADNF Cascades	Downgrade	$11.00		Buy ➝ Hold	Low
12/23/2021	CAS Cascades	Downgrade	C$13.00	C$18.00 ➝ C$15.00	Buy ➝ Hold	N/A
12/23/2021	ONEXF Onex	Initiated Coverage	$75.00		Buy	Low
12/23/2021	ONEX Onex	Initiated Coverage	C$94.00	C$125.00	Buy	N/A
12/22/2021	GRN Greenlane Renewables Inc. (GRN.V)	Lower Price Target	C$3.00	C$2.75 ➝ C$2.25		N/A
12/22/2021	NXH Next Hydrogen Solutions	Lower Price Target	C$3.00	C$12.00 ➝ C$6.50		N/A
12/22/2021	CMLEF Cominar Real Estate Investment Trust	Downgrade	$9.00		Hold	Low
12/22/2021	BB BlackBerry	Lower Price Target	$9.00	$9.00 ➝ $8.50	Reduce	Medium
12/22/2021	XBC Xebec Adsorption Inc. (XBC.V)	Lower Price Target	C$10.00	C$3.75 ➝ C$3.00		N/A
12/22/2021	CUF.UN Cominar REIT	Downgrade	C$12.00	C$11.75	Hold ➝ Tender	N/A
12/20/2021	ATY AcuityAds	Upgrade	$3.00		Hold ➝ Buy	High
12/20/2021	AT AcuityAds	Upgrade	C$4.00	C$8.00	Hold ➝ Buy	N/A
12/20/2021	DXT Dexterra Group	Boost Price Target	C$8.00	C$11.00 ➝ C$11.50	Buy	N/A
12/20/2021	ACUIF AcuityAds	Upgrade	$3.00		Hold ➝ Buy	Low
12/20/2021	GFL GFL Environmental	Upgrade	$33.00		Hold ➝ Buy	Low
12/20/2021	ENGH Enghouse Systems	Lower Price Target	C$45.00	C$70.00 ➝ C$60.00	Buy	N/A
12/20/2021	GFL GFL Environmental	Reiterated Rating	C$41.00	C$56.00	Buy	N/A
12/17/2021	CHR Chorus Aviation	Lower Price Target	C$4.00	C$6.00 ➝ C$5.50	Buy	N/A
12/17/2021	CF Canaccord Genuity Group	Boost Price Target	C$15.00	C$19.00 ➝ C$20.00	Buy	N/A
12/17/2021	AC Air Canada	Lower Price Target	C$22.00	C$32.00 ➝ C$29.00	Outperform	N/A
12/17/2021	CFP Canfor	Boost Price Target	C$31.00	C$37.00 ➝ C$38.00	Buy	N/A
12/16/2021	GRN Greenlane Renewables	Boost Price Target	C$1.00	C$2.75	Sector Perform	N/A
12/16/2021	GRN Greenlane Renewables Inc. (GRN.V)	Boost Price Target	C$3.00	C$2.50 ➝ C$2.75	Speculative Buy	N/A
12/16/2021	CTS Converge Technology Solutions Corp. (CTS.V)	Set Price Target	C$6.00	C$13.00	Hold	N/A
12/16/2021	PSK PrairieSky Royalty	Boost Price Target	C$15.00	C$18.50 ➝ C$19.00	Buy	N/A
12/16/2021	AQN Algonquin Power & Utilities	Lower Price Target	$14.00	$18.50 ➝ $17.00	Buy	Low
12/16/2021	SLS SELLAS Life Sciences Group	Boost Price Target	C$16.00	C$21.00 ➝ C$22.00	Speculative Buy	N/A
12/16/2021	BEP Brookfield Renewable Partners	Upgrade	$33.00	$44.00 ➝ $41.00	Hold ➝ Buy	Medium
12/16/2021	BLX Boralex	Lower Price Target	C$31.00	C$50.00 ➝ C$46.00	Buy ➝ Action List Buy	N/A