Canada Research Roundup: Boralex, Cloudmd Software & Services, Stella-Jones

Roots

16/09/2022 08:26

Sept 16 (Reuters) - Securities analysts revised their ratings and price targets for several
Canadian companies, including Boralex, Cloudmd Software & Services and Stella-Jones, on Friday. 
    
    HIGHLIGHTS    
     * Boralex Inc  BLX.TO : CIBC raises target price to C$50 from C$49 
     * Cloudmd Software & Services Inc  DOC.V : KeyBanc initiates with sector weight rating 
     * Stella-Jones Inc  SJ.TO : Scotiabank raises target price to C$51 from C$50 
        
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     
     * Boralex Inc  BLX.TO : CIBC raises target price to C$50 from C$49 
     * Cloudmd Software & Services Inc  DOC.V : KeyBanc initiates with sector weight rating 
     * Empire Company Ltd  EMPa.TO : CIBC cuts target price to C$45 from C$47 
     * Empire Company Ltd  EMPa.TO : Desjardins cuts target price to C$44 from C$48 
     * Empire Company Ltd  EMPa.TO : National Bank of Canada cuts target price to C$40 from C$42 
     * Innergex Renewable Energy Inc  INE.TO : CIBC raises target price to C$23 from C$22 
     * Northland Power Inc  NPI.TO : CIBC raises target price to C$49 from C$48 
     * Roots Corp  ROOT.TO : Scotiabank cuts target price to C$4.5 from C$5 
     * Stella-Jones Inc  SJ.TO : Scotiabank raises target price to C$51 from C$50 
    

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