National Bank has upgraded ECN to Outperform National Bank has upgraded ECN to Outperform (from Sector Perform) and raised its one year target to $3.25 (from $2.50).
According to National Bank analyst Jaeme Gloyn, ECN's third quarter results "clearly put ECN on a positive trajectory that supports robust 2025 guidance (70% EPS growth at the mid-point)."
National Bank has increased ECN estimates in 2025 to $0.23, from $0.18