Analyst Upgrades

• CIBC analyst Paul Holden resumed coverage of EQB Inc. (EQB-T) following the completion of the company's $800-million acquisition of PC Financial. • Holden raised the price target for EQB Inc. to $151, up from $116, and assigned the stock an "outperformer" rating. • This upgrade represents the highest target for the stock on the Street, despite acknowledged challenges to near-term earnings caused by Canadian consumer credit pressure.

• National Bank Financial analyst Vishal Shreedhar expects Aritzia Inc. (ATZ-T) to show "accelerating momentum" in its upcoming financial reports. • The analyst projects earnings per share of 87 cents for the first quarter of fiscal 2027, a significant increase from the 42 cents reported during the same period last year. • This projection is slightly lower than the broader Street forecast by one penny, but indicates strong growth for the fashion retailer.