National BankAs usual, this kind of market always overreacts. GLTA
After a “softer” start to 2022, National Bank Financial’s Zachary Evershed trimmed his Savaria Corp. target by $1 to $22 with an “outperform” rating. The average is $24.06.
“We reiterate our Outperform rating as we remain confident in SIS’s ability to accelerate out of the pandemic while protecting margins through cost pass-throughs, complemented by strategic moves such as the new Mexican production facility and vertical integration with the Ultron tuck-in,” he said.