Stifel Nicolaus Issues Pessimistic Forecast for Propel (TSE:PRL) Stock Price

The BMO Capital Markets analyst lowered their price target for Wajax (TSE:WJX) stock from C$40.00 to C$34.00, citing reduced expectations. The firm maintains a "market perform" rating on the stock. The BMO Capital Markets analyst raised their price target for Paramount Resources (TSE:POU) stock from C$24.00 to C$32.00, reflecting a more optimistic outlook. The firm maintains an "outperform" rating on the stock. The BMO Capital Markets analyst cut their price target for goeasy (TSE:GSY) stock from C$225.00 to C$170.00, indicating a more cautious stance. The firm maintains an "outperform" rating on the stock. The Stifel Nicolaus analyst lowered their price target for Propel Holdings (TSE:PRL) stock from C$38.00 to C$32.00, signaling a more pessimistic view. The firm maintains a "buy" rating on the stock. Analysts at BMO Capital Markets and Stifel Nicolaus adjusted price targets for several Canadian stocks, reflecting revised expectations for company performance.