Stock Analysts Adjust EPS Estimates for Multiple Companies

Stock analysts have updated their earnings per share (EPS) estimates for several companies as of December 24. The latest revisions reflect changes in ratings and target prices for various stocks in diverse sectors.

Altius Minerals and GDI Integrated Facility Services Downgraded

Altius Minerals (TSE:ALS) faced a downgrade from analysts at Raymond James Financial, Inc.. The firm shifted its rating from outperform to market perform, adjusting the target price to C$9.50 from the previous C$9.00. This change indicates a more cautious outlook for the company’s stock performance.

Similarly, GDI Integrated Facility Services (TSE:GDI) saw its rating lowered by TD Securities from hold to sell. The new target price now stands at C$36.60, up from C$31.00, suggesting potential short-term challenges for the company despite the upward adjustment in price.

Positive Adjustments for Docebo and Omeros

On a more optimistic note, Docebo (NASDAQ:DCBO) retained its overweight rating from analysts at Cantor Fitzgerald, who set a price target of $35.00. This indicates confidence in the company’s growth prospects.

Additionally, Omeros (NASDAQ:OMER) continues to be viewed favorably, with its buy rating reaffirmed by analysts at D. Boral Capital. The target price remains at $36.00, reflecting strong support for the company’s future performance.

Other notable ratings changes include Dynavax Technologies (NASDAQ:DVAX), which maintained a market perform rating according to William Blair, and Evolus (NASDAQ:EOLS), which also retained its hold rating from Needham & Company LLC.

Target Price Adjustments for Kyivstar and North American Construction

Kyivstar Group (NASDAQ:KYIV) received mixed reviews, with Cantor Fitzgerald reaffirming an overweight rating and setting a target price of $17.00. However, the stock was downgraded by Wall Street Zen from buy to hold, indicating varied sentiment among analysts.

In the case of North American Construction Group (TSE:NOA) (NYSE:NOA), CIBC reduced its price target from C$22.00 to C$20.00, suggesting a more cautious outlook for the company amidst market fluctuations.

Other companies, such as Rezolve AI (NASDAQ:RZLV) and Strathcona Resources (TSE:SCR), experienced adjustments as well. Rezolve AI had its overweight rating reissued by analysts at Cantor Fitzgerald, with a price target set at $8.00. Meanwhile, Scotiabank lowered Strathcona’s target price from C$40.00 to C$33.00.

In the telecommunications sector, TELUS (TSE:T) (NYSE:TU) saw its price target cut from C$21.50 to C$21.00 by National Bankshares, Inc., which maintains an outperform rating on the stock.

These updates reflect the dynamic nature of the stock market and the varying outlooks analysts have on individual companies. Investors are encouraged to stay informed as these ratings and target prices can significantly impact trading decisions.