August 7, 2023
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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.
Source: Cantech Letter
July 30, 2023
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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.
Source: Cantech Letter
July 11, 2023
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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.
Source: Cantech Letter
July 6, 2023
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iA Capital Markets analyst Neehal Upadhyaya has reiterated a Top Pick status for Canadian marketing tech company Wishpond Technologies (Wishpond Technologies Stock Quote, Charts, News, Analysts, Financials TSXV:WISH), saying in a Wednesday report to clients that despite recent strong quarterly performances, Wishpond isn’t getting the recognition it deserves.
Source: Cantech Letter
July 5, 2023
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Critical Elements Lithium Corp (Critical Elements Lithium Stock Quote, Charts, News, Analysts, Financials TSXV:CRE) got the nod from iA Capital Markets analyst Sehaj Anand on Wednesday, with Ananda saying the stock deserves a Top Pick rating for the third quarter on the back of its high-purity lithium deposit in Quebec’s James Bay Area and multiple upcoming catalysts for the stock.
Source: Cantech Letter
July 5, 2023
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The current risk-reward ratio on Lightspeed Commerce (Lightspeed Commerce Stock Quote, Charts, News, Analysts, Financials NYSE:LSPD) is compelling, says iA Capital Markets analyst Neehal Upadhyaya, who in a Wednesday report reiterated a Top Pick recommendation for LSPD. Investors should benefit from catalysts galore for the stock, Upadhyaya said, while topline growth this year is well above its peer group average.
Source: Cantech Letter
June 7, 2023
4 min read
iA Capital Markets analyst Naji Baydoun has maintained a “Strong Buy” rating on Brookfield Infrastructure Partners (Brookfield Infrastructure Partners Stock Quote, Charts, News, Analysts, Financials NYSE:BIP), saying in a Wednesday report to clients that the company is making progress on its capital recycling initiatives.
Source: Cantech Letter
May 29, 2023
4 min read
Canadian marketing tech company Wishpond Technologies (Wishpond Technologies Stock Quote, Charts, News, Analysts, Financials TSXV:WISH) continues to deliver excellent quarterly performances, according to iA Capital Markets analyst Neehal Upadhyaya, who provided an update to clients on Friday where he reiterated a “Buy” rating on the stock.
Source: Cantech Letter
May 16, 2023
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Digital asset management company MediaValet (MediaValet Stock Quote, Charts, News, Analysts, Financials TSX:MVP) continues to offer investors a compelling risk-to-reward prospect, according to iA Capital Markets analyst Neehal Upadhyaya, who provided a Tuesday update. Upadhyaya kept a “Buy” rating and $1.55 target on the stock, saying MVP has a number of major catalysts coming up.
Source: Cantech Letter