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Stock impact report

Monday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]

Denison Mines Corp Ordinary Shares (Canada) (DNN) 
NASDAQ:AMEX Investor Relations: denisonmines.com/s/investorrelations.asp
analyst Martin Landry acknowledges the clothing retailer's shares “already reflect high expectations,” however he remains “comfortable” with its valuation until “momentum abates.” “In October 2022, at the company's investor day, management established a four-year plan, which called for revenues to reach $3.5- to $3.9-billion by FY27 and for EBITDA margin to stand at 19 per cent. Given the missteps that occurred in FY24, investors became skeptical on the company's ability to hit the targets discussed at the investor day. However, with the recent sales performance and margin recovery, these targets now appear more realistic and attainable. As we get more visibility on these targets, earnings estimates should increase.” Mr. Landry raised his quarterly earnings per share projection by 20 cent to $1.02, exceeding the Street's expectation of 86 cents driven by comparable sales growth of 23.9 per cent (versus the consensus of 18.7 per cent). That's an earnings gain of 43-per-cent year-ov Show less Read more
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