As previously reported, TD Securities analyst Graham Ryding upgraded Canaccord Genuity (CCORF) to Buy from Hold with a price target of C$12, up from C$10, citing a more constructive view of its wealth business. The firm, which sees potential for a near-term pick up in capital markets activity, notes that its raised target reflects a higher multiple on Canaccord’s wealth earnings to reflect the value seen in its Canadian and UK wealth platforms.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCORF:
- Canaccord Genuity upgraded to Buy from Hold at TD Securities
- Canaccord Genuity Reports Strong Shareholder Support at AGM
- Canaccord Genuity Reports Solid Q1 Fiscal 2026 Results
- Canaccord Genuity Reports Strong Q1 2026 Results with Record Wealth Management Revenue
- Canaccord Genuity Reports Strong Q1 2026 Results Driven by Wealth Management