Real Matters resumed with a Buy at TD Securities

As previously reported, TD Securities analyst Daniel Chan resumed coverage of Real Matters (RLLMF) with a Buy rating and a price target of C$9, up from C$8.50. Wallet share gains through strong execution, market share gains from new tier-one lenders on the platform, and operational improvements set Real up for “strong growth,” says the analyst, who sees the company as “a major beneficiary of a lower rates environment.”