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Bank of Montreal (TSE: BMO, NYSE: BMO) Upgraded to Strong Buy by CIBC World Markets

Bank of Montreal (TSE: BMO, NYSE: BMO) received a significant rating upgrade on Friday, as CIBC World Markets moved the Canadian bank’s stock from Hold to Strong Buy, according to a research note reported by Zacks.com. The upgrade comes amid a wave of analyst …

Team Kalkine | 09 September 2025

National Bank (TSX:NA) Posts 15% Growth in Adjusted Net Income for Q3 2025

Total revenues increased 21% year-over-year to CAD 1.45 billion (USD 1.07 billion)in Personal and Commercial Banking, supported by CWB’s inclusion and higher loan and deposit volumes.

Team Kalkine | 28 August 2025

Scotiabank (TSX: BNS; NYSE: BNS) Q3 Net Income Rises to $2.53 Billion

The Bank of Nova Scotia reported third-quarter net income of $2,527 million, up from $1,912 million in the same period a year ago, with diluted earnings per share of $1.84 compared with $1.41 a year earlier. On an adjusted basis, net income was $2,518 …

Team Kalkine | 27 August 2025

TD Cowen Reiterates ‘Buy’ Rating on CIBC (TSX:CM), Analyst Sees 9% Upside Potential

TD Cowen has reaffirmed its positive outlook on Canadian Imperial Bank of Commerce (CIBC) (TSX:CM) (NYSE:CM), with analyst Mario C. Mendonca maintaining a “Buy” recommendation and setting a price target of CAD 122.19. The target represents a potential upside of approximately 9% from the …

Sonal Goyal | 13 August 2025

Jefferies Downgrades Power Corp. of Canada (TSE: POW) to Hold; Target Raised to CAD 60

Jefferies Financial Group has revised its view on Power Corp. of Canada (TSE: POW), lowering the stock from “buy” to “hold” while increasing its price target to CAD 60 from CAD 57, according to a note reported Monday by BayStreet.ca. The new target implies …

Aditi Sarkar | 13 August 2025

Forte Group Holdings (CSE: FGH) Raises CAD 435,000 in Private Placement

Forte Group Holdings Inc. (CSE: FGH) (OTC: FGHFF) (FSE: 7BC0, WKN: A40L1Z) has completed a non-brokered private placement, issuing 8,700,000 units at CAD 0.05 per unit for total gross proceeds of CAD 435,000. The financing forms part of a broader series of initiatives aimed …

Team Kalkine | 11 August 2025

Crown Capital Partners (TSX: CRWN) Reports Q2 Net Loss of CAD 3.5Mn

Crown Capital Partners Inc. (TSX: CRWN) announced its financial results for the three months ended June 30, 2025, reporting a reduced net loss alongside revenue growth in certain service segments. The company recorded a net loss of CAD 3.5 million, or CAD 0.62 per …

Team Kalkine | 11 August 2025

TMX Group (TSE: X) Stock Rating Update Following Analyst Price Target Revisions

TMX Group Ltd. (TSE: X) has received an updated stock rating and revised price target from several Canadian equity analysts. National Bankshares recently increased its target price from CAD 58.00 to CAD 59.00 and reiterated a “sector perform” rating, suggesting a potential upside of …

Aditi Sarkar | 06 August 2025

Margaux REIT (TSXV:ALFA.UN) Acquires Saint-Hyacinthe Property For CAD 4.68Mn With CAD 420,000 Annual Revenue

Margaux Real Estate Investment Trust (TSXV:ALFA.UN)has completed the acquisition of a fully operational self-storage facility located on Boulevard Laurier West in Saint-Hyacinthe, Quebec. The transaction closed this week at a purchase price of CAD 4,675,000, fully paid in cash, as previously disclosed on June …

Team Kalkine | 04 August 2025

RF Capital Group (TSX:RCG) Posts Q2 FY2025 Net Loss of CAD 2.1Mn, Free Cash Flow Turns Negative

RF Capital Group Inc. (TSX:RCG)reported a net loss of CAD 2.1 million for the second quarter of fiscal year 2025, compared to net income of CAD 2.7 million in the same period last year. The decline in profitability was primarily attributed to a 29% …

Team Kalkine | 01 August 2025