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Groupe Dynamite upgraded to Outperform from Sector Perform at Scotiabank

Scotiabank analyst John Zamparo upgraded Groupe Dynamite (GRGDF) to Outperform from Sector Perform with a price target of C$95, up from C$73. The firm sees further upside in the stock, saying the company’s “outstanding” sales growth is now accompanied by higher earnings growth.

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