Alithya Group price target raised to C$3 from C$2.50 at Barrington

Barrington raised the firm’s price target on Alithya Group (ALYAF) to C$3 from C$2.50 and keeps an Outperform rating on the shares following the fiscal Q4 report. The firm increased fiscal 2026 earnings estimates on the Alithya’s “strong gross margin trends.” Alithya has done a good job shifting its mix toward more high-value services, which have relatively high gross margins, the analyst tells investors in a research note.