Top Analyst Ratings: May 31st
- Altagas Ltd: CIBC raises target price to C$38 from C$36, citing strong competitive position in energy exports and the sanctioning of the REEF project.
- EQB Inc: CIBC raises target price to C$110 from C$100, following better-than-expected second quarter earnings and a strong growth strategy.
- Royal Bank of Canada: CIBC raises target price to C$150 from C$135, due to solid second quarter performance.
- Foot Locker Inc: Barclays raises target price to $27 from $22, following stronger-than-expected first quarter earnings, influenced by timing of SG&A expenses into Q2 2024.
- Hormel Foods Corp: JPMorgan raises target price to $29 from $28, citing emphasis on better innovation and higher ad spending.
