BMO Capital upgraded TerraVest (TRRVF) to Outperform from Market Perform with a price target of C$200, up from C$150. The company posted strong Q4 results, including 7% organic growth across its base portfolio, the analyst tells investors in a research note. Tariff-related slowdowns across its business were one of BMO’s concerns, but TerraVest appears to be managing comfortably, and its acquisition treadmill should begin to ramp again in 2026, providing catalysts into the new year, the firm added.
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