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Desjardins Securities’ Frederic Tremblay raised his Kits Eyecare Ltd.target to $25 from $23 with a “buy” rating. The average is $24.13.
“KITS is simultaneously delivering solid near-term financial performance (stellar revenue growth, with positive profitability and cash flow) and making marketing investments to attract and retain the right customers who will keep the company on the path to its longer-term revenue and margin goals,” said Mr. Tremblay.