Investing.com — Canada’s main stock index, the S&P/TSX Composite index traded in the positive by late afternoon on Monday, boosted by the consumer discretionary stocks, and heavyweight energy and materials stocks.
On Wall Street meanwhile the Dow Jones Industrial Average edged higher, while the S&P 500 and Nasdaq pared gains after the S&P 500’s rally of recent highs, as markets turned cautious ahead of tomorrow’s US CPI data.
Toronto Stock Market News
Truist Securities raised its price target for Shopify (TSX:SHOP) from $65.00 to $90.00, while reiterating its a Hold rating on the stock.
Canaccord Genuity (TSX:CF) cut its price target price on Dye & Durham Ltd (TSX:DND)to $25 from $30.
Scotiabank (TSX:BNS) raised its target price on TFI International Inc (TSX:TFII) to $225 from $215.
RBC (TSX:RY) raised its target price on Trisura (TSX:TSU) Group Ltd to $44 from $40.
Fairfax Financial (TSX:FFH) pushed back against last week’s allegations by short seller Muddy Water that the company was manipulating asset values, calling them categorically “false and misleading”.
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Toronto Stocks Moving Markets Today
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In Canadian Economics
No major Canadian economic data today.
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All currencies Canadian Dollar unless noted otherwise.