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Analysts upgraded Canadian Tire to "buy" on strong growth, boosting its stock to C$188.
Desjardins upgraded Canadian Tire to "buy" with a C$203 target, citing strong retail and financial services growth, while BMO raised its target to C$194.
The stock rose C$5.47 to C$188.00 on Friday with below-average volume.
Analysts still hold a "hold" consensus with a C$192.29 average target.
The company, which operates Canadian Tire, SportChek, Mark’s, and Party City, has a C$10.04 billion market cap, P/E of 14.26, and a 50-day moving average of C$174.97.
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Los analistas actualizaron Canadian Tire para "comprar" con un fuerte crecimiento, impulsando sus acciones a 188 dólares canadienses.