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Following the company’s most recent quarterly results, iA Capital Markets analyst Neehal Upadhyaya remains bullish on Lightspeed Commerce (Lightspeed Stock Quote, Chart, News, Analysts, Financial TSX:LSPD)

On August 3, LSPD reported its Q1, 2024 results. The company lost (US) $48.7-million on revenue of $209.1-million, a topline that was up 20 per cent over the same period last year.

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Source: Cantech Letter

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Following the company’s Q2 results, Industrial Alliance analyst Naji Baydoun has dropped his price target on Aecon Group (Aecon Group Stock Quote, Chart, News, Analysts, Financials TSX:ARE).

On January 26, ARE reported its Q2, 2023 results. The company posted Adjusted EBITDA of $16.7-million on revenue of $1.17-billion. While the topline was four per cent better than the same period in 2022, EBITDA fell sharply, from $38.5-million in last year’s second quarter.

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Source: Cantech Letter

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It’s been a tough two-plus years for fans of Canadian renewable energy name Innergex (Innergex Renewable Energy Stock Quote, Charts, News, Analysts, Financials TSX:INE), with the stock now down by more than half since hitting highs in early 2021.

But there are lots of reasons to be owning Innergex at these levels, according to iA Capital Markets analyst Naji Baydoun, who provided an update to clients on the company on Tuesday where he reiterated a “Strong Buy” recommendation on the stock.

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Source : Cantech Letter