Canada Research Roundup: CAE, Medexus Pharmaceuticals, TCP Energy

Cenovus Energy Incorporation

26/05/2026 08:16

May 26 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including CAE, Medexus Pharmaceuticals and TCP Energy, on Tuesday.
     
HIGHLIGHTS    
 
* CAE Inc CAE.TO: CIBC cuts target price to C$44 from C$56
* Medexus Pharmaceuticals Inc MDP.TO: Canaccord Genuity resumes coverage with buy rating
* TCP Energy Corp TRP.TO: CIBC raises target price to C$103 from C$94 
  
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.Stock entries are in alphabetical order. 

* CAE Inc CAE.TO: Canaccord Genuity cuts target price to C$44 from C$50 
* CAE Inc CAE.TO: CIBC cuts target price to C$44 from C$56
* CAE Inc CAE.TO: RBC cuts target price to C$36 from C$42 
* Cenovus Energy Inc (Pre-Merger) CVE.TO: Jefferies raises PT to C$49 from C$42 
* Constellation Software Inc CSU.TO: Jefferies cuts PT to C$3,185 from C$3,500 
* Fireweed Metals Corp FWZ.V: Ventum Financial resumes coverage with PT C$5.8 
* Fireweed Metals Corp FWZ.V: Ventum Financial resumes coverage with buy rating
* First Quantum Minerals Ltd FM.TO: JP Morgan cuts target price to C$33 from C$34 
* Lightspeed Commerce Inc LSPD.TO: CIBC cuts target price to C$25 from C$30 
* Lundin Mining Corp LUN.TO: JP Morgan cuts target price to C$27.8 from C$30.8 
* Medexus Pharmaceuticals Inc MDP.TO: Canaccord Genuity resumes coverage with PT C$6
* Medexus Pharmaceuticals Inc MDP.TO: Canaccord Genuity resumes coverage with buy rating
* Pembina Pipeline Corp PPL.TO: CIBC raises target price to C$72 from C$66 
* Suncor Energy Inc SU.TO: Jefferies raises target price to C$101 from C$93 
* TCP Energy Corp TRP.TO: CIBC raises target price to C$103 from C$94 

 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))