TSX:DOL - Post Discussion
Post by
retiredcf on Apr 01, 2024 9:39am
Now There's a Stretch
Expecting “yet another solid quarter” when it reports results on Thursday, Canaccord Genuity’s Luke Hannan bumped his Dollarama Inc. target to $100 from $98 with a “hold” rating. The average is $105.09.
“While we still believe in Dollarama’s long-term growth profile — a result of its lack of meaningful competition, industry-leading profitability and free cash flow generation, and healthy ROIC — we believe the shares are appropriately valued at current levels,” he said.
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