Canada Research Roundup: Fortis, Intact Financial, Nanoxplore

Fortis

13/02/2025 12:39

Feb 13 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including
Fortis, Intact Financial and Nanoxplore on Thursday.
     
        HIGHLIGHTS 
     * Fortis Inc  FTS.TO : Jefferies initiates coverage with hold rating 
                 * Intact Financial Corp  IFC.TO : Jefferies raises target price to C$301 from C$284 
 
     * Nanoxplore Inc  GRA.TO : Raymond James cuts to market perform from outperform 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. Stock entries are in alphabetical
order.
    
                 * Fortis Inc  FTS.TO : Jefferies initiates coverage with price target C$67 
 
                 * Fortis Inc  FTS.TO : Jefferies initiates coverage with hold rating 
 
                 * Intact Financial Corp  IFC.TO : BMO raises target price to C$315 from C$290 
 
                 * Intact Financial Corp  IFC.TO : CIBC raises target price to C$290 from C$280 
 
                 * Intact Financial Corp  IFC.TO : Jefferies raises target price to C$301 from C$284 
 
                 * Intact Financial Corp  IFC.TO : Raymond James raises target price to C$302 from C$290
 
                 * Nanoxplore Inc  GRA.TO : Raymond James cuts target price to C$3 from C$4
 
                 * Nanoxplore Inc  GRA.TO : Raymond James cuts to market perform from outperform
 
                 * Tamarack Valley Energy Ltd  TVE.TO : BMO raises target price to C$6.5 from C$6 
 
                 * Toromont Industries Ltd  TIH.TO : Canaccord Genuity raises PT to C$134 from C$130 
 
     * Toromont Industries Ltd  TIH.TO : Raymond James raises target price to C$130 from C$122
                 * Toromont Industries Ltd  TIH.TO : CIBC raises target price to C$131 from C$129 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))