Analysts upgrade Boyd Group Services Inc. and Galaxy Digital Holdings Ltd., downgrade SilverCrest Metals Inc.
From The Globe and Mail:
like the name for the company as well as the ability to generate profits. The company reported a cash generating event and retained earnings for the first time in their history, resulting in an increase in their price target.
In conclusion, analysts are closely monitoring key actions by leading companies in the market. SilverCrest Metals Inc. received a downgrade due to valuation concerns, while Fairfax Financial Holdings Ltd. was reaffirmed as a top pick with a C$2000 price target. Athabasca Oil Corp. was downgraded, Altius Minerals Corp. was upgraded, Boyd Group Services Inc. saw an increased price target, and Galaxy Digital Holdings Ltd. had their price target raised as well. STEP Energy Services also received a downgrade following disappointing quarterly results and a cautious outlook.
Read more at The Globe and Mail: Tuesday’s analyst upgrades and downgrades