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
6/24/2021	SSRM SSR Mining	Reiterated Rating	C$20.00	C$30.00	Buy	N/A
6/24/2021	EQIX Equinix	Boost Price Target	$779.00	$800.00 ➝ $850.00	Hold	High
6/23/2021	KGC Kinross Gold	Lower Price Target	$6.00	$11.50 ➝ $11.00	Buy	Low
6/22/2021	NOA North American Construction Group	Boost Price Target	C$17.00	C$18.00 ➝ C$21.00	Hold	Low
6/22/2021	NOA North American Construction Group	Boost Price Target	C$21.00	C$18.00 ➝ C$21.00	Hold	N/A
6/18/2021	BDRBF Bombardier	Boost Price Target	C$1.00	C$1.20 ➝ C$1.55	Buy	Low
6/18/2021	BBD.B Bombardier, Inc. Class B	Boost Price Target	C$1.00	C$1.20 ➝ C$1.55	Speculative Buy	N/A
6/18/2021	LBRDK Liberty Broadband	Boost Price Target	$169.00	$210.00 ➝ $215.00	Buy	Medium
6/17/2021	MJDLF Major Drilling Group International	Lower Price Target	C$7.00	C$13.00 ➝ C$12.50	Buy	Low
6/17/2021	MDI Major Drilling Group International	Boost Price Target	C$9.00	C$12.50 ➝ C$13.00	Buy	N/A
6/17/2021	ATUS Altice USA	Upgrade	$34.00	$40.00 ➝ $43.00	Hold ➝ Buy	Medium
6/17/2021	CONE CyrusOne	Lower Price Target	$71.00	$88.00 ➝ $86.00	Buy	Medium
6/17/2021	CHTR Charter Communications	Upgrade	$712.00	$750.00 ➝ $800.00	Hold ➝ Buy	Medium
6/16/2021	CHR Chorus Aviation	Boost Price Target	C$5.00	C$5.50 ➝ C$6.00	Neutral	N/A
6/16/2021	TRZ Transat A.T.	Lower Price Target	C$6.00	C$3.50 ➝ C$3.25		N/A
6/16/2021	AC Air Canada	Boost Price Target	C$26.00	C$30.00 ➝ C$34.00	Buy	N/A
6/15/2021	AT AcuityAds	Boost Price Target	C$13.00	C$15.00 ➝ C$18.00	Buy	N/A
6/15/2021	FINGF Finning International	Boost Price Target	C$27.00	C$38.00 ➝ C$41.00	Buy	Low
6/15/2021	FTT Finning International	Boost Price Target	C$33.00	C$38.00 ➝ C$41.00	Buy	N/A
6/14/2021	RROTF Roots	Boost Price Target	C$3.00	C$4.50 ➝ C$5.00	Buy	Low
6/14/2021	ROOT Roots	Boost Price Target	C$4.00	C$4.50 ➝ C$5.00	Buy	N/A
6/14/2021	TRMLF Tourmaline Oil	Boost Price Target	C$27.00	C$35.00 ➝ C$37.00	Buy	High
6/14/2021	TOU Tourmaline Oil	Boost Price Target	C$33.00	C$35.00 ➝ C$37.00	Buy	N/A
6/14/2021	ENGH Enghouse Systems	Reiterated Rating	C$55.00	C$70.00	Buy	N/A
6/11/2021	TRZBF Transat A.T.	Boost Price Target	C$5.00	C$3.00 ➝ C$3.50	Reduce	Low
6/11/2021	TRZ Transat A.T.	Boost Price Target	C$6.00	C$3.00 ➝ C$3.50	Reduce	N/A
6/11/2021	NOA North American Construction Group	Boost Price Target	C$17.00	C$17.00 ➝ C$18.00	Hold	Medium
6/11/2021	NOA North American Construction Group	Reiterated Rating	C$21.00		Hold	N/A
6/10/2021	NOA North American Construction Group	Boost Price Target	C$21.00	C$17.00 ➝ C$18.00	NA	N/A
6/10/2021	DLMAF Dollarama	Lower Price Target	C$46.00	C$65.00 ➝ C$64.00	Buy	N/A
6/10/2021	DOL Dollarama	Lower Price Target	C$57.00	C$65.00 ➝ C$64.00	Buy	N/A
6/10/2021	GRT.UN Granite Real Estate Investment Trust	Boost Price Target	C$82.00	C$89.00 ➝ C$92.00	Buy	N/A
6/9/2021	EXFO EXFO	Boost Price Target	$6.00	$4.00 ➝ $7.25	Hold ➝ Tender	Low
6/8/2021	WLYYF WELL Health Technologies	Boost Price Target	C$6.00	C$9.50 ➝ C$11.00	Buy	High
6/8/2021	WELL WELL Health Technologies	Boost Price Target	C$8.00	C$9.50 ➝ C$11.00	Buy	N/A
6/8/2021	TCN Tricon Residential	Boost Price Target	C$14.00	C$14.50 ➝ C$15.50	Buy	N/A
6/8/2021	CJT Cargojet	Reiterated Rating	C$176.00	C$230.00	Buy	N/A
6/7/2021	PDS Precision Drilling	Downgrade	$40.00		Buy ➝ Hold	High
6/7/2021	PD Precision Drilling	Boost Price Target	C$50.00	C$40.00 ➝ C$50.00	Buy ➝ NA	N/A
6/3/2021	CCORF Canaccord Genuity Group	Boost Price Target	$12.00		Buy	N/A
6/3/2021	CF Canaccord Genuity Group	Boost Price Target	C$14.00	C$16.00 ➝ C$17.00	Buy	N/A
6/3/2021	KMI Kinder Morgan	Boost Price Target	$18.00	$19.00 ➝ $20.00	Buy	Low
6/3/2021	CPXWF Capital Power	Initiated Coverage	$34.00		Buy	Low
6/3/2021	LRCDF Laurentian Bank of Canada	Boost Price Target	$36.00		Hold	N/A
6/3/2021	CPX Capital Power	Reiterated Rating	C$42.00	C$44.00	Buy	N/A
6/3/2021	LB Laurentian Bank of Canada	Boost Price Target	C$45.00	C$44.00 ➝ C$49.00	Hold	N/A
6/3/2021	DSGX The Descartes Systems Group	Boost Price Target	$67.00	$70.00 ➝ $75.00	Buy	Medium
6/3/2021	DSG The Descartes Systems Group	Boost Price Target	C$83.00	C$90.50	Buy	N/A
6/2/2021	NOA North American Construction Group	Reiterated Rating	C$21.00	C$16.00	Hold	N/A
6/1/2021	DREUF Dream Industrial Real Estate Investment Trust	Boost Price Target	C$12.00	C$15.50 ➝ C$16.00	Buy	Medium
6/1/2021	DIR.UN Dream Industrial Real Estate Invest Trst	Boost Price Target	C$15.00	C$15.50 ➝ C$16.00	Buy	N/A
5/31/2021	CWB Canadian Western Bank	Boost Price Target	C$36.00	C$38.00 ➝ C$41.00	Buy	N/A
5/31/2021	NA National Bank of Canada	Boost Price Target	C$94.00	C$98.00 ➝ C$100.00	Hold	N/A
5/28/2021	U Uranium Participation	Downgrade	C$6.00	C$6.50	Buy ➝ Tender	N/A
5/28/2021	IFP Interfor	Lower Price Target	C$30.00	C$47.00 ➝ C$45.00	Buy	N/A
5/28/2021	POW Power Co. of Canada	Boost Price Target	C$40.00	C$42.00 ➝ C$43.00	Buy	N/A
5/28/2021	CM Canadian Imperial Bank of Commerce	Boost Price Target	C$146.00	C$145.00 ➝ C$150.00	Buy	N/A
5/27/2021	IVPAF Ivanhoe Mines	Boost Price Target	C$7.00	C$9.50 ➝ C$11.50	Buy	Low
5/27/2021	IVN Ivanhoe Mines	Boost Price Target	C$9.00	C$9.50 ➝ C$11.50	Buy	N/A
5/26/2021	KELTF Kelt Exploration	Boost Price Target	C$3.00	C$3.50 ➝ C$3.75	Buy	Medium
5/26/2021	KEL Kelt Exploration	Boost Price Target	C$3.00	C$3.50 ➝ C$3.75	Buy	N/A
5/26/2021	SAWLF Shawcor	Upgrade	$5.00		Hold ➝ Buy	Low
5/26/2021	SCL Shawcor	Upgrade	C$6.00	C$6.50 ➝ C$8.00	Hold ➝ Buy	N/A
5/21/2021	HERXF Héroux-Devtek	Upgrade	$15.00		Hold ➝ Buy	N/A
5/21/2021	HRX Héroux-Devtek	Boost Price Target	C$18.00	C$19.00	Hold ➝ Buy	N/A
5/21/2021	ATSAF ATS Automation Tooling Systems	Boost Price Target	C$28.00	C$34.00 ➝ C$37.00	Buy	Low
5/21/2021	ATA ATS Automation Tooling Systems	Boost Price Target	C$35.00	C$34.00 ➝ C$37.00	Buy	N/A
5/20/2021	WDOFF Wesdome Gold Mines	Boost Price Target	C$10.00	C$13.50 ➝ C$15.00	Buy	Low
5/20/2021	WDO Wesdome Gold Mines	Boost Price Target	C$12.00	C$13.50 ➝ C$15.00	Buy	N/A
5/20/2021	CROMF Crombie Real Estate Investment Trust	Boost Price Target	C$14.00	C$16.50 ➝ C$17.00	Hold	N/A
5/20/2021	CRR.UN Crombie Real Estate Investment Trust	Boost Price Target	C$18.00	C$16.50 ➝ C$17.00	Hold	N/A
5/20/2021	ITPOF Intertape Polymer Group	Boost Price Target	C$23.00	C$35.00 ➝ C$38.00	Buy	Low
5/20/2021	ITP Intertape Polymer Group	Boost Price Target	C$28.00	C$35.00 ➝ C$38.00	Buy	N/A
5/19/2021	MJDLF Major Drilling Group International	Boost Price Target	C$7.00	C$9.50 ➝ C$13.00	Buy	Medium
5/19/2021	MDI Major Drilling Group International	Boost Price Target	C$9.00	C$9.50 ➝ C$13.00	Buy	N/A
5/19/2021	TRMLF Tourmaline Oil	Boost Price Target	C$27.00	C$34.00 ➝ C$35.00	Buy	Low
5/19/2021	TOU Tourmaline Oil	Boost Price Target	C$33.00	C$34.00 ➝ C$35.00	Buy	N/A
5/18/2021	POW Powered Brands	Boost Price Target	$10.00	$38.00 ➝ $42.00	Buy	N/A
5/18/2021	HRUFF H&R Real Estate Investment Trust	Boost Price Target	C$13.00	C$16.50 ➝ C$17.50	Buy	Low
5/18/2021	IIP.UN Interrent Real Estate Investment Trust	Boost Price Target	C$17.00	C$17.00 ➝ C$18.00	Buy	N/A
5/18/2021	HR.UN H&R Real Estate Investment Trust	Boost Price Target	C$16.00	C$16.50 ➝ C$17.50	Buy	N/A
5/18/2021	CG The Carlyle Group	Lower Price Target	$46.00	$15.50 ➝ $10.00	Hold	N/A
5/18/2021	UFS Domtar	Boost Price Target	$54.00	$51.00 ➝ $56.00	Hold	N/A
5/18/2021	RBA Ritchie Bros. Auctioneers	Boost Price Target	$61.00	$57.00 ➝ $67.00	Hold	N/A
5/18/2021	WELL Welltower	Lower Price Target	$83.00		Buy	N/A
5/17/2021	IBIBF IBI Group	Boost Price Target	C$8.00	C$12.00 ➝ C$13.00	Buy	High
5/17/2021	IBG IBI Group	Boost Price Target	C$10.00	C$12.00 ➝ C$13.00	Buy	N/A
5/17/2021	AMIVF Atrium Mortgage Investment	Boost Price Target	C$12.00	C$14.50 ➝ C$15.00	Buy	N/A
5/17/2021	AI Atrium Mortgage Investment	Boost Price Target	C$15.00	C$14.50 ➝ C$15.00	Buy	N/A
5/17/2021	SNCAF SNC-Lavalin Group	Boost Price Target	C$27.00	C$33.00 ➝ C$40.00	Buy	High
5/17/2021	BOWFF Boardwalk Real Estate Investment Trust	Boost Price Target	C$33.00	C$48.00 ➝ C$50.00	Buy	Low
5/17/2021	MSI Morneau Shepell	Boost Price Target	C$33.00	C$38.00 ➝ C$39.00	Buy	N/A
5/17/2021	SNC SNC-Lavalin Group	Boost Price Target	C$34.00	C$33.00 ➝ C$40.00	Buy	N/A
5/17/2021	EIFZF Exchange Income	Boost Price Target	C$32.00	C$46.00 ➝ C$48.00	Buy	High
5/17/2021	BEI.UN Boardwalk REIT	Boost Price Target	C$41.00	C$48.00 ➝ C$50.00		N/A
5/17/2021	EIF Exchange Income	Boost Price Target	C$39.00	C$46.00 ➝ C$48.00	Buy	N/A
5/17/2021	CDPYF Canadian Apartment Properties Real Estate Investment Trust	Boost Price Target	C$47.00	C$63.00 ➝ C$67.00	Buy	Low
5/17/2021	CAR.UN Canadian Apartment Properties REIT	Boost Price Target	C$57.00	C$63.00 ➝ C$67.00	Action List Buy	N/A
5/14/2021	SLTTF Slate Office REIT	Downgrade	$4.00		Buy ➝ Hold	Low
5/14/2021	HOT.UN American Hotel Income Properties REIT	Boost Price Target	C$4.00	C$4.00 ➝ C$4.25	Buy	N/A