The Globe and Mail reports in its Friday, Feb. 9, edition that TD Securities analyst Graham Ryding has elevated his recommendation for Canaccord Genuity Group to "buy" from "hold." The Globe's David Leeder writes that Mr. Ryding jacked his share target up by $1.50 to $10. Analysts on average target the shares at $10.38. Mr. Ryding says in a note: "We were encouraged with the return to profitability for the capital markets platform this quarter, and we expect the wealth platform to continue to deliver stable and growing earnings. We forecast earnings to gradually improve through F2025, which should support share price upside. While we may be early in getting more constructive with our target price and rating, we believe the potential for capital markets activity/earnings to improve over the NTM [next 12 months], and in turn share-price sentiment, is reasonable." The Globe reported on June 4, 2021, that Mr. Ryding continued to rate Canaccord "buy." The shares could then be had for $14.14. The Globe reported on Aug. 9, 2023, that Raymond James analyst Stephen Boland had boosted Canaccord Genuity to "strong buy" from "outperform." He said he saw "limited downside risk." The shares could then be had for $8.19.