Analysts are intrested in these 5 stocks: ( (TECK) ), ( (IAG) ), ( (UAL) ), ( (BSX) ) and ( (LAC) ). Here is a breakdown of their recent ratings and the rationale behind them.
Teck Resources is catching the attention of investors as analyst Matt Murphy reinstates coverage with a ‘Buy’ recommendation. Despite a challenging start to the year with weak production at Quebrada Blanca, Murphy sees potential for a rebound in the second quarter. The company’s commitment to shareholder returns through aggressive share buybacks and a promising copper-growth plan are key highlights. With a target price set at CAD 56, Teck’s valuation is seen as attractive, especially with its potential for mergers and acquisitions.
IAMGOLD is on the rise as analyst Matt Murphy gives it an ‘Outperform’ rating with a CAD 12 target price. The company is set for a significant year with the ramp-up of its Côté project, which is expected to enhance production and reduce costs. The potential for a low-cost bulk mineable resource pit adds to its allure. As IAMGOLD restructures its debt and benefits from strong cash flows from its other projects, the stock is seen as undervalued compared to its peers.
United Airlines Holdings faces a more cautious outlook as analyst Savanthi Syth downgrades it to ‘Hold’. Despite a better-than-expected first-quarter EPS, the airline’s guidance for the second quarter falls short of expectations. United’s strategic adjustments in domestic capacity and fleet utilization are in focus, with liquidity remaining strong. The airline’s future performance hinges on macroeconomic conditions, with scenarios outlined for stable and recessionary environments.
Boston Scientific receives a boost as analyst Michael Matson upgrades it to ‘Buy’. The company’s competitive position in electrophysiology and other medical device markets is seen as strong, with utilization trends pointing to robust first-quarter performance. The upgrade reflects optimism about Boston Scientific’s growth prospects and market positioning.
Lithium Americas Corp. is making waves with a ‘Buy’ recommendation from analyst Stephen Richardson. The company’s Thacker Pass project, backed by GM, positions it uniquely in the lithium market. With full funding secured and a strategic partnership in place, Lithium Americas is poised to benefit from future lithium demand. The stock’s potential is tied to long-term lithium price expectations, making it an attractive option for forward-looking investors.