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Email Digest for May 6, 2026

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General (16 insights)
U.S. and Iran are moving towards a potential agreement on a one-page memorandum of understanding to end the war and set a framework for nuclear negotiations.PositiveBMO, Roth, Jones Trading
SEC proposes allowing US companies to shift from quarterly to biannual earnings reports.PositiveCIBC
President Trump announced the end of the 'Project Freedom' mission, citing progress in negotiations with Iran.NeutralRBC
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KEY (3 insights)
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Competition Bureau challenging Plains acquisition; Keyera reaffirms May 2026 close timeline and intends to respond to application.NeutralTD
Competition Bureau challenging C$5.15b acquisition of Plains All American's Canadian NGL business, increasing deal completion risk.NegativeScotiabankSee image >
Reaffirms May 2026 close of Plains NGL deal despite Competition Bureau challenge.NeutralBMO, Jones Trading, CIBC, RBC
BMRN (1 insight)
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Completed acquisition of Amicus Therapeutics, raising FY26 revenue guidance to $3.825-$3.925B, though FY26 EPS guidance was lowered due to transaction interest expense.NeutralMorgan Stanley
CMI (1 insight)
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Reported strong 1Q26 earnings beat and raised full-year 2026 guidance across all segments; PT raised to $752 from $675.PositiveMorgan Stanley
DOCN (1 insight)
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Delivered 1Q results and 2026/2027 guidance ahead of investor expectations; PT raised to $175 from $75.PositiveMorgan Stanley
FTCI (1 insight)
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Abrupt CEO transition and liquidity concerns drive sell-off, despite record backlog of $543mn.NegativeTD
LCID (2 insights)
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Withdrew 2026 production guidance, raising concerns around manufacturing execution.NegativeRBC
Downgraded to Hold following a delivery miss and visibility gap, with management suspending 2026 guidance.NegativeStoneX, RBC
BWEN (1 insight)
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Sale of Abilene facility for $19.5M, completing exit from the wind tower market to focus on power generation and critical infrastructure.PositiveRoth
CHE.UN (1 insight)
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District of North Vancouver Council to reassess rejection of chlorine manufacturing bylaw, potentially reopening path for long-term production.PositiveCIBC, BMO
CLS (1 insight)
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Supply constraints at TSMC impacting switch silicon; long-term competitive positioning remains strong with $8.9B in pre-purchase commitments.PositiveTD
COIN (1 insight)
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Announced 14% staff reduction ahead of 1Q26 earnings, citing crypto market volatility.NegativeStoneX
MSFT (1 insight)
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Microsoft's aggressive use of finance leases for AI buildout creates a significant headwind to future EPS and interest expense, with 2027 EPS estimates falling below consensus.NegativeStifel
PAAS (2 insights)
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Q1/26 EPS beat driven by lower costs; announced $1B shareholder return program.PositiveScotiabank
Targeting ~$700M in share repurchases this year; bumped capex for La Colorada Skarn ramp spending.PositiveBMO, Jones Trading, CIBC
POWL (1 insight)
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Secured the largest order in company history, driven by accelerating data center demand.PositiveRoth
AMD (4 insights)
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Doubling its server CPU TAM forecast to $120bn with a 50% market share expectation, signaling significant AI compute market capture.PositiveTD
Price target raised to $410 from $360, reflecting a higher target multiple of ~37x on CY27 modelware EPS.PositiveMorgan Stanley
Reiterated Buy and raised price target to $500 from $290, citing strong server CPU demand and increased confidence in DC-GPU engagements.PositiveTD, Roth
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ANGI (1 insight)
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Initiated a strategic pivot towards AI and full-service tools for pros, pulling near-term guidance.NeutralStoneX
IMG (1 insight)
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Generated $465M in FCF and repurchased $260M in stock in Q1; progressive improvement expected at Cote.PositiveBMO
MSTR (1 insight)
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1Q26 earnings impacted by mark-to-market bitcoin losses, though STRC-driven bitcoin purchases continue to scale.NeutralStoneX
TDG (1 insight)
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Reported strong beat and raise quarter; PT raised to $1,680 from $1,660.PositiveMorgan Stanley, BMO
TOI (1 insight)
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Q1 beat across all segments; PT raised to C$145. Maintenance and recurring revenue organic growth at 7% with no signs of AI disruption.PositiveTD
AMC (1 insight)
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Upgraded to Buy with a $2.50 price target, reflecting a transition to an earnings and cash flow recovery story.PositiveStoneX
ANET (2 insights)
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Supply constraints at TSMC are temporary; $8.9B in pre-purchase commitments support over $15B in product revenue.PositiveTD
Reiterated Buy and raised price target to $200 from $170, noting supply constraints at TSMC are temporary and long-term competitive positioning remains strong.PositiveTD
BNKR.TO (1 insight)
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Discovery of a high-grade silver zone at the Cate-Eight target; production is scheduled to recommence in June.PositiveRoth
DD (1 insight)
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1Q beat expectations; raised FY EBITDA and EPS guidance; announced $275mn ASR.PositiveBMO, RBC
GFR (1 insight)
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Increasing 2026 capital budget by $30 million to accelerate the development of Pad 8.PositiveBMO
LMN (1 insight)
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Q1 EBITDA miss due to Synchronoss restructuring costs; core maintenance and recurring revenue growth remains strong with no AI disruption.NeutralTD
SILA (1 insight)
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Board went exclusive with OWL for acquisition; preliminary proxy filed.NeutralJones Trading
SPHR (1 insight)
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Upgraded to Buy with a $155 price target, driven by strong demand for immersive experiences and AI-enhanced content.PositiveStoneX
BRBR (3 insights)
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Lowering PT to $11 from $17 following 2Q miss and lowered FY26 EBITDA guidance due to mix headwinds and rising costs.NegativeTD
Lowered FY26 sales and EBITDA guidance due to mix headwinds, inflation, and consumer price sensitivity; maintain Buy rating for recovery play.NegativeStifel
Downgraded to Equal-Weight from Overweight with PT cut to $13 from $24, citing broadening headwinds including consumer price sensitivity and rising costs.NegativeMorgan Stanley
ALAB (2 insights)
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Reported substantial beat and raise, with Scorpio driving near-term growth and a larger ramp ahead; PT raised to $240 from $210.PositiveMorgan Stanley, TD
Raising PT to $225 from $140, driven by early shipments of Scorpio-X supporting JunQ guidance upside.PositiveTD, Roth
SU (4 insights)
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Record 1Q production and refining throughput; buybacks of C$350mm/month with potential to increase in 2027.PositiveTD
Q1/26 results largely in line with expectations; capex spending expected to ramp up in Q2/Q3.NeutralScotiabank
Updated 2026 corporate guidance, reflecting a 10% increase in refining network nameplate capacity to 511K bbls/d, resulting in refinery utilization guidance change.PositiveJones Trading, CIBC, BMO
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SHOP (3 insights)
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Buy rating reiterated following 16% selloff; management tone suggests consistent execution despite AI environment. US$159 Target.PositiveTDSee image >
GMV growth accelerated to 35% YoY, with GenAI investments in Sidekick and agentic commerce expected to drive the next leg of growth.PositiveMorgan Stanley
Buy rating reiterated; unchanged direction and management tone suggest consistent execution despite stock selloff.PositiveTD, CIBC, BMO, RBC
CVE (4 insights)
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Strong beat on FFOPS and production; dividend increased 10% to C$0.22/share. Growth capex winding down.PositiveTD
17% cash flow beat driven by downstream margin capture; dividend increased by 10%.PositiveScotiabankSee image >
Increased quarterly dividend to C$0.22 from C$0.20.PositiveJones Trading, RBC
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BEI (1 insight)
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Lowered 2026 FFO/unit guidance to $4.70 midpoint due to higher AB property taxes; Q1 FFO/unit beat expectations.NegativeTD
EQH (1 insight)
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Preliminary proxy filed for merger with CRBG; expected close by year-end pending multiple regulatory approvals.NeutralJones Trading
HOG (1 insight)
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Unveiled new 'Back to the Bricks' strategic plan focused on ridership, dealer health, and P&A business expansion.PositiveBMO
NOW (1 insight)
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Reiterated Buy with $125 PT following Knowledge 2026 conference, highlighting positive long-term guidance and agentic AI upside.PositiveStoneX
PNG (1 insight)
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Signed Memorandum of Understanding with the Strategic Unmanned Systems Research Center.PositiveJones Trading
TSLX (1 insight)
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Board reduced quarterly base dividend to $0.42 from $0.46, citing lower than expected earnings power.NegativeRBC
RUS (2 insights)
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Q1/26 EBITDA beat driven by higher sales and margins; service center margins improved q/q.PositiveScotiabank
Reported strong earnings beat with EBITDA of $124MM vs consensus of $88MM, driven by record quarterly revenues and a $36MM gain on property sale; dividend raised.PositiveRBC, BMO
SDE (2 insights)
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Raised 2026 production guidance to 52.0K – 54.0K BOE/D from prior 50.0K – 52.0K BOE/D.PositiveJones Trading, CIBC
Positive revisions to production (+4%) and accelerated spending plans (+14%) following Duvernay delineation success.PositiveBMO
BEN (2 insights)
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Upgraded to Equal-Weight from Underweight with PT raised to $31 from $21, citing fading Western outflows and core flow improvements.PositiveMorgan Stanley
Affirm Buy and $37 PT; LT AUM and NNA exceeded model, driven by MA & Alts.PositiveTD
SSRM (2 insights)
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Q1/26 EPS beat driven by higher sales and production; CC&V performance strong.PositiveScotiabank
Q1 adjusted EPS of $1.22 beat consensus of $0.83; target price raised to $41.PositiveBMO, CIBC
IAG (4 insights)
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Q1/26 EPS beat driven by higher sales and lower taxes; 2026 guidance maintained.PositiveScotiabank
1Q26 results were mixed, materially impacted by low output at Cote Gold due to unplanned conveyor belt damages; repairs are underway.NegativeRBC
Dividend increased by 11% and NCIB increased to 8% from 5% of shares outstanding, underscoring robust capital generation.PositiveBMO, Jones Trading, RBC, CIBC
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ADM (1 insight)
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1Q EPS of $0.71 beat $0.68 consensus; raised 2026 EPS guidance to $4.15–4.70 from $3.60–4.25.PositiveBMO
AEP (1 insight)
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1Q26 EPS of $1.64 beat expectations; management now expects >9% EPS CAGR (2026–2030) supported by revised $78bn capital plan.PositiveBMO
AIZ (1 insight)
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1Q26 beat on Adj EBITDA and Adj EPS; raised full-year guidance to +HSD growth.PositiveBMO
AMP (1 insight)
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FY2026 guidance upgraded to 3% organic growth and c.100bps EBITDA margin expansion.PositiveRBC
AXSM (1 insight)
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1Q26 net product revenue of $191.2mn exceeded expectations, with PT raised to $242 from $217 driven by Auvelity momentum.PositiveMorgan Stanley, BMO
BEI.UN (3 insights)
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Q1/26 beat on Opex but 2026 guidance cut by 1.7% due to higher property taxes and occupancy prioritization.NegativeScotiabank
Reported Q1 beat, but offset by 2% lower 2026 FFO guidance.NegativeRBC
Midpoint FFO/unit guidance tweaked 1.6% lower despite Q1 FFO/unit beating Street consensus.NegativeBMO, Jones Trading, RBC
BEP (1 insight)
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Well-positioned for power supply deficit; asset recycling expected to increase as funding platform matures.PositiveTD
CE (1 insight)
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1Q results in line; 2Q guide significantly higher than consensus, helping repair balance sheet.PositiveBMO, RBC
EMR (1 insight)
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FQ2 EPS matched expectations, but FY26 organic growth guidance was lowered to 3% from 4% due to Middle East headwinds.NegativeMorgan Stanley, RBC
ETN (1 insight)
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Q1 EPS of $2.81 beat expectations, but Americas segment margins disappointed at 25.6%, leading to a 200 bps reduction in FY26 margin guidance.NegativeMorgan Stanley, BMO, RBC
FISV (1 insight)
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1Q miss on top-line and soft Merchant margins; target price lowered to $55.NegativeBMO, RBC
HCKT (1 insight)
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Strategic pivot to AI consultancy; monetization of agentic AI ideation is expected to drive margin expansion.PositiveRoth
IFC (2 insights)
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Lowered PT to $347; Q1 EPS beat driven by higher PYD and investment income, though underlying loss ratio missed expectations.NeutralTD
Q1/26 earnings ahead of Street, but debate on quality due to investment income and reserve releases.NeutralScotiabank, RBC
IIPR (1 insight)
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Reported revenue/AFFO beat and successful re-leasing of assets, with tenant health improving.PositiveRoth
INGR (1 insight)
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1Q miss; lowered 2026 EPS guidance to $10.45-11.15 from $11.00-11.80.NegativeBMO
IPCO.TO (1 insight)
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Q1 EBITDA of $64M beat consensus of $56M; 2026 capex increased by $41M to $163M to accelerate short-cycle oil wells.PositiveBeacon
IT (1 insight)
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1Q margin-driven beat; raised adjusted EBITDA and EPS guidance; introduced 12% adjusted EPS CAGR forecast (2025-2028).PositiveBMO, RBC
LCII (1 insight)
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Upgraded to Buy with $164 PT; self-help initiatives are expected to fuel 20% EPS growth in 2026.PositiveRoth, BMO
NXT (1 insight)
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Q1 trading update shows UK strength, with FY27 PBT guidance raised by £8mn to £1,218mn.PositiveRBC
PRA (1 insight)
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Company maintains Q2 closing guidance for acquisition, with CA and PA regulatory approvals still outstanding.NeutralJones Trading
PYPL (1 insight)
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1Q beat; 2Q guide below Street; target price lowered to $46.NegativeBMO
ROK (1 insight)
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FQ2 results beat expectations and FY26 guidance was revised up by 8%, supported by a multi-year US manufacturing capex upcycle.PositiveMorgan Stanley
SDE.TO (1 insight)
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1Q26 production exceeded expectations with encouraging delineation results in Duvernay and Deep Basin.PositiveRoth
SHLS (1 insight)
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Strong Q1 revenue/bookings offset by margin weakness and lower BESS bookings.NegativeRoth
SIA (1 insight)
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Q1/26 beat and raise; LTC guidance raised while RH outlook remains strong.PositiveScotiabank
VLY (1 insight)
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Downgraded to Equal-Weight from Overweight with PT raised to $15 from $14, as the stock now fully reflects stronger NIM/NII trajectory.NeutralMorgan Stanley
WMB (1 insight)
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Q1 results strong; PT raised to $83 from $80, driven by power-driven demand and project sanctioning.PositiveCIBC, BMO
X (1 insight)
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On track to achieve $2B revenue target by late 2027/early 2028, nearly two years earlier than expected.PositiveBMO
LYV (2 insights)
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1Q results showed strong consumer demand with fan growth up high-single digits YoY and robust forward pacing indications.PositiveMorgan Stanley
Reiterate Buy following Q1 beat across all segments; management reiterated +DD% AOI growth for 2026.PositiveTD
BLDP (3 insights)
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Margin inflection holds with 14% gross margin and three next-gen bus platform wins, though 2026 remains back-half weighted.PositiveTD
1Q revenues missed estimates and orders continued a negative streak; BMO maintains Underperform rating.NegativeBMO
Raising PT to $4.25 from $2.5 following margin inflection and three next-gen bus platform wins.PositiveTD, BMO
ALC (1 insight)
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Announced $1.5bn share buyback program, representing 5% of current market cap.PositiveRBC
ALV.TO (1 insight)
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PT raised to $10.75; infrastructure expansion at Murucututu underway to triple capacity to 21.2 mmcf/d by YE'26.PositiveBeacon
ATS (1 insight)
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Stock expected to give back gains following clarification that ROK commentary referred to a different company.NegativeScotiabank
BTU (1 insight)
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1Q miss on higher met coal costs; revised FY26 outlook for delayed Centurion commissioning.NegativeBMO, RBC
CTRA (1 insight)
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VEEV to replace CTRA in index as of market open on May 7, 2026.NeutralJones Trading
CURA.TO (1 insight)
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Q1 revenue/adj EBITDA of $324M/$63M beat consensus; PT raised to C$5.50. NCIB authorized for up to 34.4M shares.PositiveBeacon
CURLF (1 insight)
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Reported sales/EBITDA beat; noted demand outpacing supply in many markets and potential for LDD organic sales growth in 2027.PositiveRoth
HNGE (2 insights)
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Raised price target to $67 following a material beat and raise, with 2026 revenue growth expected at 36% and improving margins.PositiveStifel
Revenue increased 47% Y/Y to $182.3mn, with PT maintained at $72 and methodology shifted to EV/EBITDA.PositiveMorgan Stanley
HPS/A (1 insight)
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Reported solid revenue and EBITDA beat, with revenue of $265 million vs $238 million estimate, though backlog growth remains modest.PositiveRBC
PFE (1 insight)
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1Q26 top- and bottom-line beats; maintained guidance.PositiveBMO, RBC
REI.UN (1 insight)
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Target price raised to $23.50; core retail portfolio showing record leasing spreads and SP-NOI growth.PositiveBMO
SDGR (1 insight)
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1Q print; software story heating up with ACV up +12% YoY; on track toward 2028 profitability framework.PositiveBMO
SII (1 insight)
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Q1/26 results ahead of consensus driven by carried interest; AUM grew 9% QoQ.PositiveRBC, BMO
SN. (1 insight)
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Announced $500m share buyback program, representing 3.5% of current market cap.PositiveRBC
TA (2 insights)
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Q1 EBITDA miss; 2026 guidance reaffirmed. Highly hedged on Alberta thermal in 2026 & 2027.NegativeTD
Q1/26 EBITDA below expectations due to Gas segment headwinds from softer Alberta pricing.NegativeScotiabank
TCL.A (1 insight)
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Signed multi-year agreements with Postmedia Network and Glacier Media.PositiveJones Trading
TPZ (2 insights)
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Increased quarterly dividend to 35c from 34c.PositiveJones Trading, RBC, CIBC
Q1 production meaningfully above guidance; reaffirmed 2026 outlook with bias to high end.PositiveBMO, RBC
VET (1 insight)
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Guided 2026 production to the top end of the prior range (118.0K – 122.0K) at 122.2K BOE/D.PositiveJones Trading, BMO
WLK (1 insight)
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1Q miss on lower-than-expected PEM uptick; HIP guided to lower end of range.NegativeBMO
WTFC (2 insights)
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Replaces EWBC as #3 top pick in mid/small cap bank coverage, supported by solid 1Q trends.PositiveTD
Replaces EWBC as #3 top pick in mid/small cap bank coverage, supported by solid 1Q trends and attractive valuation.PositiveTD
L (4 insights)
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Q1 EPS +11% in line with expectations; dividend increased 10%. Unfavorable sales mix at Shoppers offset by strong food SSSG.NeutralTD
Q1/26 strong comps in food and Rx, but slight EBITDA miss; outperformance in food SSS alleviates competitive concerns.NeutralScotiabank
Announced normal course issuer bid for up to 58M shares (5% of outstanding).PositiveJones Trading
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ADEN (2 insights)
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Sizeable sales-driven beat, though 2Q guidance reflects increased macro uncertainty.NeutralScotiabank
Q1 EBITDA of $38MM beat consensus, with revenue growth driven by volume and price increases.PositiveCIBC
FTS (2 insights)
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Q1 EPS slightly below expectations due to Arizona results; focus remains on TEP data center opportunity and FERC ROE dynamics.NegativeTD
Q1/26 slight miss due to weather; long-term thesis intact with improving Arizona data center demand.NeutralScotiabank
ABI.BR (1 insight)
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Raising PT to $85/€73 following 1Q beat and reiterated 2026 guidance, supported by emerging market growth.PositiveTD, RBC
AGCO (1 insight)
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Q1 beat but softer Q2 outlook due to Latin America credit issues.NeutralBMO
APTV (1 insight)
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Maintain Buy and $90 PT, viewing recent share price pullback as an overreaction to 1Q results; H2 revenue/margin acceleration story remains intact.PositiveTD
BFAM (1 insight)
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1Q26 results beat consensus; reducing estimates and target price due to incremental softening in Australia.NegativeBMO
BNTX (1 insight)
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1Q26 results reinforce pivot towards oncology execution; maintained revenue guide of €2,000–€2,300M.NeutralBMO
CC (1 insight)
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1Q beat expectations; 2Q guide a hair soft; 2H26 expected to see TiO2 price hikes.NeutralBMO
DC (1 insight)
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Initiated coverage with Outperformer rating and $11.00 PT, citing Richmond Hill project potential.PositiveCIBC
DORM (1 insight)
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1Q26 in line; margins set to improve as tariff pressures ease.PositiveBMO
ECVT (1 insight)
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1Q beat; raised guidance but remains conservative.PositiveBMO
FMT (1 insight)
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Initiated coverage with Outperformer rating and C$16.00 PT, citing Coffee Gold project development.PositiveCIBC
GEI (1 insight)
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Shares pressured by elevated G&A costs expected to persist, despite constructive commodity backdrop.NegativeCIBC
GHM (1 insight)
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Reiterated $100 PT; strong Q1 results from customers HII and GD signal robust demand for GHM.PositiveBeacon
IQV (1 insight)
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1Q26 revenue and EBITDA exceeded consensus; reaffirmed 2026 guidance.PositiveBMO
KITS.TO (1 insight)
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Q1 revenue up 23% to $57.5M with record glasses revenue; Q2 revenue guided to $57-$59M.PositiveBeacon
MHC.U (1 insight)
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Q1/26 results; bullish stance intact with high-single-digit earnings growth runway.PositiveBMO
MNO (1 insight)
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Initiated coverage with Outperformer rating and C$3.25 PT, citing Cabaçal gold-copper project.PositiveCIBC
NCLH (1 insight)
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Estimates and PT lowered to $20 due to weaker net yield trends and a delayed turnaround beginning in 2H27.NegativeMorgan Stanley
PCOR (1 insight)
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1Q results slightly lighter; CY26 revenue and margin guidance modestly increased.NeutralBMO
QSR (2 insights)
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Q1/26 beat driven by non-operating items; durability of BK US SSS remains key focus.NeutralScotiabank
Reported 1Q adjusted EPS of 86c, beating the Bloomberg consensus estimate of 83c.PositiveMorgan Stanley, Jones Trading, CIBC, BMO
SHC (1 insight)
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1Q26 results; CEO transition announced effective 5/26.NeutralBMO
TAU (1 insight)
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Initiated coverage with Outperformer rating and $6.00 PT, citing Lawyers-Ranch development opportunity.PositiveCIBC
TFPM (1 insight)
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Q1/26 results slightly ahead; small royalty acquisition at Gunnison copper project.PositiveBMO, RBC
WEC (1 insight)
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1Q beat; reaffirmed 2026 guidance; target price lowered to $120.NeutralBMO
ADPT (1 insight)
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Raising PT to $21 from $19 following 16% sales beat and raised guidance.PositiveTD
ADUS (1 insight)
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1Q26 results largely in-line; evaluating larger M&A opportunities in Personal Care.NeutralBMO
AMX (1 insight)
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Announced C$43.5M private placement of 9.7M shares at C$4.50.NeutralJones Trading
BIG (1 insight)
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Announced C$23M bought deal financing and concurrent C$6M private placement.NeutralJones Trading
CACC (1 insight)
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Raising PT to $500 from $450 following 1Q GAAP EPS beat driven by lower opex, provision, and tax rate.PositiveTD
CIGI (1 insight)
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Q1/26 adj. EBITDA beat; reiterated 2026E guidance; target price lowered.NeutralBMO
CJT (1 insight)
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PT raised to $125 from $122, reflecting successful navigation of macro headwinds.PositiveCIBC, BMO
CSH.UN (1 insight)
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Technical analysis: Reversing back to upside from 200-day moving average; target $27.PositiveBMOSee image >
EA (1 insight)
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No closing guidance provided for pending acquisition.NeutralJones Trading, BMO
EXEL (1 insight)
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Raising PT to $55 from $51, driven by stock buybacks and strong cabo net product revenue.PositiveTD
GRAL (1 insight)
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Raising PT to $69 from $65 following 1Q sales beat; focus remains on upcoming ASCO data and FDA dialogue.PositiveTD
IRON (1 insight)
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1Q26 results; focus remains on Type A meeting regarding bitopertin in 2Q.NeutralBMO
JAZZ (1 insight)
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Raising PT to $275 from $220 following solid Q1 beat and confidence in LT growth trajectory for marketed products.PositiveTD
LIND (1 insight)
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Reiterated Buy with $27 PT; Q1 results showed strong demand and occupancy (+500bps) despite geopolitical headwinds, with potential for upside to EBITDA guidance.PositiveStifel
LITE (1 insight)
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Raising PT to $995 from $875, noting significant upside in guidance despite supply gating factors.PositiveTD
LUMN (1 insight)
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Raising PT to $9 from $8 following 1Q EBITDA beat and clear path to inflection.PositiveTD
MDA.TO (1 insight)
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Telesat reiterated Lightspeed constellation fully funded through to commercial service in Q1/28; MDA trades at 76% discount to peers.PositiveBeacon
MPC (1 insight)
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Raising PT to $320 from $299, citing strong capture rates and expected 13% distribution yield over next two years.PositiveTD
MTCH (1 insight)
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Raising PT to $46 from $44 following 1Q revenue and EBITDA beat, with positive user signals from Tinder.PositiveTD
PHX (1 insight)
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Q1/26 recap; RSS work moving higher; outlook remains constructive.PositiveBMO
RDS (1 insight)
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Announced C$20M bought deal financing of 14.5M flow-through shares at C$1.38.NeutralJones Trading
RIG (1 insight)
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Raising PT to $6 from $5.5, despite messy 1H, citing bullish outlook.PositiveTD
RVTY (1 insight)
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Raising PT to $120 from $115, citing signs of Pharma/A&G demand improvement and divestiture of China ImmunoDx.PositiveTD
SGD (1 insight)
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Announced 2026 field season plans for Valley deposit, with drilling to kick off in mid-May.PositiveCIBC
SWKS (1 insight)
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Raising PT to $75 from $65, noting broad market revenue growth and Android win as long-term positives.PositiveTD
TEM (1 insight)
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Raising PT to $68 from $65 following 1Q sales growth of 36% and narrow EBITDA loss.PositiveTD
TRI (1 insight)
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Raising PT to C$185 from C$175, citing record growth in legal professionals revenue and benefits from AI.PositiveTD, CIBC, BMO
VGNT (1 insight)
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Raising PT to $49 from $47 following solid Q1, confirmed 2026 guidance, and new capital allocation plan.PositiveTD
VHI.TO (1 insight)
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Ontario to implement Novari Referral Central Intake, a positive development for the company.PositiveBeacon
WAT (1 insight)
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Raising PT to $385 from $345 following strong 1Q core organic growth of 11% and improved BD performance.PositiveTD
WK (1 insight)
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1Q okay quarter; stabilization in underlying cRPO growth and strong margin improvement.NeutralBMO
CSU (2 insights)
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Limited read-through from LMN/TOI results; positive organic growth expected for Q1 despite some margin headwinds.NeutralTD
Topicus and Lumine reported Q1 results; organic growth and margins remain within historical ranges.NeutralCIBC
DIR.UN (2 insights)
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Q1/26 in-line results; rental spreads re-accelerated with 30%+ growth in Quebec.NeutralScotiabankSee image >
Q1 FFO/unit of $0.26 in line with consensus; growth driven by CPNOI performance.NeutralCIBC
BL (1 insight)
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1Q results in line with expectations; estimates and target price moved slightly higher.NeutralBMO
BRVO.TO (1 insight)
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Reported positive infill drilling results at Luanga deposit; PT maintained at $8.75.PositiveBeacon
DPM (1 insight)
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Q1 earnings in line with consensus; reiterated production and cost guidance.NeutralCIBC, Beacon
HL (1 insight)
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Q1 earnings in line with consensus; focus remains on surfacing value of current portfolio.NeutralCIBC, BMO
DE.V (1 insight)
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Recent $8M investment by L6 Holdings boosts balance sheet flexibility.PositiveBeacon
IPCO (1 insight)
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Upgraded to Buy at DNB Carnegie with PT raised to SEK280.PositiveJones Trading
WJX (1 insight)
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Initiated at Hold at TD Cowen with PT C$33.NeutralJones Trading, BMO
TERN (1 insight)
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Coverage discontinued following completion of acquisition by Merck.NeutralBMO
PRU (1 insight)
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Downgraded to Underweight from Equal-Weight with a $92 price target.NegativeMorgan Stanley, BMO