In a report released today, Brian Morrison from TD Cowen reiterated a Buy rating on Aimia Inc., with a price target of C$3.75.
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Brian Morrison’s rating is based on a combination of factors that highlight Aimia Inc.’s strong performance and potential for future growth. The company has demonstrated robust operational capabilities, which are evident from its strategic decisions such as exiting less profitable ventures and focusing on more promising opportunities. This strategic shift is expected to enhance Aimia’s long-term growth prospects and strengthen its market position.
Additionally, Aimia’s ability to manage liquidity effectively while progressing on developments and lease-ups indicates a solid financial foundation. The company’s organic growth continues to outpace its peers, suggesting a competitive edge in the market. These factors collectively contribute to Morrison’s confidence in Aimia’s stock, leading to a Buy rating.