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Brokerages raised Savaria’s price target after strong earnings and revenue, boosting stock momentum.
Several brokerages, including ATB Cormark, Desjardins, and National Bank Financial, raised their price targets for Savaria (TSE:SIS), citing strong quarterly results with C$0.37 earnings per share and C$241.78 million in revenue.
The company, a global provider of accessibility solutions, maintains a consensus “Buy” rating and a target price of C$30.93, with analysts projecting full-year earnings of about C$1.20.
The stock traded above key moving averages and saw elevated volume, reflecting positive momentum despite recent price dips.
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Las corretajerías elevaron el objetivo de precio de Savaria tras sólidos beneficios e ingresos, impulsando el impulso de las acciones.