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Stella-Jones upgraded to Outperform from Sector Perform at Scotiabank

Scotiabank analyst Jonathan Goldman upgraded Stella-Jones (STLJF) to Outperform from Sector Perform with a price target of C$98, up from C$88. The firm sees upside to the company’s Q4 estimates. Stella-Jones has a structurally improved organic growth profile following its entry into steel structures, the analyst tells investors in a research note.

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