CANADA RESEARCH ROUNDUP-Converge Technology Solutions, Mullen Group, Teck Resources

Reuters
2024-10-25
CANADA RESEARCH ROUNDUP-Converge Technology Solutions, Mullen Group, Teck Resources

Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Converge Technology Solutions, Mullen Group and Teck Resources, on Friday.

HIGHLIGHTS

* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts to sector perform from outperform

* Mullen Group Ltd MTL.TO: CIBC raises target price to C$17.5 from C$16.5

* Parkland Corp PKI.TO: Raymond James cuts target price to C$47 from C$55

* TCP Energy Corp TRP.TO: Morgan Stanley raises to overweight from underweight

* Teck Resources Ltd TECKb.TO: Canaccord Genuity cuts target price to C$78 from C$80

Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.

* Converge Technology Solutions Corp CTS.TO: Canaccord Genuity cuts PT to C$6 from C$6.25

* Converge Technology Solutions Corp CTS.TO: CIBC cuts target price to C$4 from C$5

* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts PT to C$4.5 from C$6

* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts to sector perform from outperform

* Converge Technology Solutions Corp CTS.TO: Raymond James cuts PT to C$5.50 from C$6.50

* Enbridge Inc ENB.TO: Morgan Stanley resumes coverage with equal-weight rating; PT C$64

* IA Financial Corporation Inc IAG.TO: National Bank of Canada cuts to sector perform from outperform

* IA Financial Corporation Inc IAG.TO: National Bank of Canada ups PT to C$118 from C$102

* Mag Silver Corp MAG.TO: BMO raises target price to C$26 from C$24

* Montage Gold Corp MAU.V: BMO raises target price to C$3.75 from C$3

* Mullen Group Ltd MTL.TO: BMO raises target price to C$20 from C$17

* Mullen Group Ltd MTL.TO: CIBC raises target price to C$17.5 from C$16.5

* Mullen Group Ltd MTL.TO: Raymond James raises target price to C$18.75 from C$17.25

* Parkland Corp PKI.TO: Raymond James cuts target price to C$47 from C$55

* South Bow Corp SOBO.TO: Morgan Stanley initiates coverage with price target C$36

* South Bow Corp SOBO.TO: Morgan Stanley initiates coverage with underweight rating

* Storagevault Canada Inc SVI.TO: Scotiabank cuts target price to C$5.50 from C$5.75

* TCP Energy Corp TRP.TO: Morgan Stanley raises target price to C$78 from C$62

* TCP Energy Corp TRP.TO: Morgan Stanley raises to overweight from underweight

* Teck Resources Ltd TECKb.TO: Canaccord Genuity cuts target price to C$78 from C$80

* Teck Resources Ltd TECKb.TO: CIBC cuts target price to C$78 from C$80

* Teck Resources Ltd TECKb.TO: JP Morgan cuts target price to C$76 from C$78

* Teck Resources Ltd TECKb.TO: Raymond James raises target price to C$74 from C$73

* Teck Resources Ltd TECKb.TO: Scotiabank cuts target price to C$74 from C$79

* Teck Resources Ltd TECKb.TO: UBS cuts target price to C$76 from C$78

* Waste Connections Inc WCN.TO: ATB Capital Markets raises target to C$260 from C$255

* Winpak Ltd WPK.TO: BMO raises target price to C$52 from C$50

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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