Alithya Group price target lowered to C$2.50 from C$2.80 at Seaport Research

Scotiabank lowered the firm’s price target on Alithya Group (ALYAF) to C$2.50 from C$2.80 and keeps a Sector Perform rating on the shares. Heading into quarterly results, the firm is taking a bearish stance across its coverage universe, the analyst tells investors. With ongoing macro uncertainty, the firm expects to see weak growth/bookings momentum across the Technology Services sector.