Canada Research Roundup: Converge Technology Solutions, Softchoice, Teck Resources

Mercer International

31/01/2022 07:23

Jan 31 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Converge Technology Solutions, Softchoice and Teck Resources, on
Monday. 
    
    
  HIGHLIGHTS
     * Converge Technology Solutions Corp  CTS.TO : CIBC cuts target price to C$11 from C$12.50
     * Softchoice Corp (Ca)  SFTC.TO : CIBC cuts target price to C$31 from C$37.50
     * Teck Resources Ltd  TECKb.TO : RBC cuts target price to C$52 from C$53
      
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
      
     * Converge Technology Solutions Corp  CTS.TO : CIBC cuts target price to C$11 from C$12.50
     * Lightspeed Commerce Inc  LSPD.TO : CIBC cuts target price to C$68 from C$125
     * Morguard North American Residential REIT MRG_u.TO :RBC ups to outperform from sector perform
     * Real Matters Inc  REAL.TO : Atb Capital Markets cuts target price to C$13 from C$16
     * Real Matters Inc  REAL.TO : Scotiabank cuts target price to C$8 from C$10
     * Softchoice Corp (Ca)  SFTC.TO : CIBC cuts target price to C$31 from C$37.50
     * Teck Resources Ltd  TECKb.TO : RBC cuts target price to C$52 from C$53
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))