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Shopify may be expensive but it’s still a buy, Canaccord Genuity says

Shares of Shopify (NYSE:SHOP, TSX:SHOP) may be on an extended run, but is there still more upside to Canada’s e-commerce sensation? Definitely, says analyst Richard Davis from Canaccord Genuity, who insists that despite the sky-high valuation, Shopify’s continued high-pace growth means the sto ...

Nanotech Security has 87.5% upside, Haywood says

Nanotech Security CEO Doug Blakeway Ahead of the company’s first quarter results, Haywood analyst Pardeep Sangha is maintaining his bullish stance on Nanotech Security Corp. (TSXV:NTS). On February 22, after market close, Nanotech Security will report its Q1, 2018 results. Sangha expects this w ...

CannTrust Holdings has 88% upside, Echelon Wealth Partners says

CannTrust Holdings (CSE:TRST) is off to a strong start to 2018 and looks to be in good position to double its production, thanks to $15 million in mortgage financing the company recently announced, Russell Stanley with Echelon Wealth Partners says. In light of the news, the analyst has reiterated ...

The Hydropothecary Corp has double-digit upside, Canaccord Genuity says

While real estate may be all about location, location, location in real estate, the same could be said about the pot market in Canada, where Gatineau, Quebec’s The Hydropothecary Corporation (TSXV:THCX) has secured a purchase commitment from Quebec’s liquor board. The deal makes THCX the leadin ...

Sangoma Technologies is still a buy, says Beacon Securities

The Markham, Ontario head office of Sangoma Technologies. Over the past two months, share of Sangoma Technologies Corporation (TSXV:STC) have nearly doubled, but even so, the stock is still a bargain, says analyst Gabriel Leung of Beacon Securities, who maintains a “Buy” rating and 12-month t ...

Clear skies ahead for Firan Technology, Paradigm Capital says

The numbers were off for Firan Technology Group (TSX:FTG) in its full year and fourth quarter results for 2017, but prospects look good going forward, says Daniel Kim, analyst with Paradigm Capital, who Monday gave the stock a “Buy” rating and a 12-month target price of $5.00, down from a previ ...

Redknee is poised to rebound after restructuring, says Canaccord Genuity

Transitional periods can be tough, especially when they involve a whole whack of downsizing, but for Toronto-based Redknee Solutions Inc. (TSX:RKN), coming out of restructuring slimmer and more streamlined will make a world of difference, say analyst Robert Young and associate Christian Sgro with C ...

Canopy Growth Corp. is worth just $13.00 a share, Echelon Wealth says

Shares of Canopy Growth Corp. (TSX:WEED) have fallen sharply in 2018, but would-be bargain hunters should continue to treat the stock with caution, Echelon Wealth Partners analyst Russell Stanley says. On February 7, Canopy Growth Corp.announced it had completed a previously announced bought deal ...

CannTrust Holdings is undervalued, GMP Securities says

With recreational marijuana still yet to become a reality in Canada, it’s not easy picking the winners from the herd of contenders, but CannTrust Holdings (CSE:TRST) stands out, says GMP Securities analyst Martin Landry, with reason number one being that TRST has proven to be profitable. “CannT ...

Cronos Group gets price target raise at Canaccord Genuity

He’s not yet ready to recommend the stock, but recent developments have Canaccord Genuity analyst Matt Bottomley raising his price target on Cronos Group (TSXV:MJN). On Monday, Cronos Group announced it had been granted two medicinal cannabis cultivation and research licences in Australia and wi ...