The Globe and Mail reports in its Wednesday, Oct. 29, edition that Desjardins Securities analyst Frederic Tremblay is keeping his "buy" recommendation for 5N Plus intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tremblay gave his share target a $5.50 boost to $23. Analysts on average target the shares at $22.40. Mr. Tremblay says in a note: "We are raising our estimates and target price ahead of the release of 3Q25 results on Nov. 3 after market close. In our view, the most recent 2025 guidance update (August, 2025) was conservative and a strong 3Q would justify another guidance raise. VNP remains a preferred name, supported by several potential near-term catalysts." The Globe reported on June 6 that National Bank Financial analyst Rupert Merer had reiterated his "outperform" recommendation for 5N Plus. The shares could then be had for $8.95. The Globe reported on Aug. 1 that Mr. Tremblay had reaffirmed his "buy" recommendation for 5N Plus. The shares were then worth $12.47. The Globe reported on Oct. 8 that National Bank Financial analyst Michael Doumet rated 5N Plus "outperform." The shares were then going for $17.73.
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