Wishpond is a Top Pick for 2023

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The stock ended 2022 in the red, but investors can expect better results this year from Wishpond Technologies (Wishpond Technologies Stock Quote, Charts, News, Analysts, Financials TSXV:WISH). That’s according to iA Capital Markets analyst Neehal Upadhyaya, who nominated WISH as one of his two Top Picks in Technology for the year ahead.

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Source: Cantech Letter

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MediaValet is a Buy, says iA Capital Markets

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Renewable energy stock Boralex is a Buy, says iA Capital Markets

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Algonquin Power is still a pass, says iA Capital Markets

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Nixing its plans for a major acquisition in the United States is a good move for Algonquin Power & Utilities (Algonquin Power & Utilities Stock Quote, Charts, News, Analysts, Financials TSX:AQN), according to iA Capital Markets analyst Naji Baydoun, but a still cloudy growth outlook should keep investors on the sidelines for the time being. Baydoun provided an update to clients on Tuesday where he reiterated a “Hold” rating on Algonquin while raising his target price from C$11.00 to C$12.00. Read more. Source: Cantech Letter
Algonquin Power is still a pass, says iA Capital Markets

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iA Capital Markets analyst Naji Baydoun is still skeptical about Algonquin Power & Utilities (Algonquin Power & Utilities Stock Quote, Charts, News, Analysts, Financials TSX:AQN), saying in a review of the company’s latest quarterly numbers that investors should wait to see how well the utility company fares on this year’s strategic priorities. Read more. Source: Cantech Letter
Buy Innergex in renewable power sector, says iA Capital Markets

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iA Capital Markets analyst Naji Baydoun delivered an update on Friday on Innergex Renewable Energy (Innergex Renewable Energy Stock Quote, Charts, News, Analysts, Financials TSE:INE) where he reviewed the company’s just-released fourth quarter results, saying the company has a strong growth outlook and declining payout ratio. Read more. Source: Cantech Letter