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Latest news with #RioCanREIT

RioCan REIT upgraded to Outperform from Sector Perform at National Bank
RioCan REIT upgraded to Outperform from Sector Perform at National Bank

Business Insider

time2 days ago

  • Business
  • Business Insider

RioCan REIT upgraded to Outperform from Sector Perform at National Bank

National Bank upgraded RioCan REIT (RIOCF) to Outperform from Sector Perform with a C$19 price target Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

RioCan REIT initiated with an Outperform at Raymond James
RioCan REIT initiated with an Outperform at Raymond James

Business Insider

time10-07-2025

  • Business
  • Business Insider

RioCan REIT initiated with an Outperform at Raymond James

Raymond James analyst Brad Sturges initiated coverage of RioCan REIT (RIOCF) with an Outperform rating and C$20.50 price target RioCan's identified ongoing and future development pipeline as of Q1-end ranked as the 2nd-largest underutilized urban land-banks among the Canadian retail REIT sector, and the firm believes that the underutilized urban land bank provides long-term mixed-use residential intensification development opportunities, the analyst tells investors in a research note. The REIT also offers a stable average economic occupancy rate of 95%-96%, the firm added. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Canada GDP Data mutes TSX Futures
Canada GDP Data mutes TSX Futures

The Market Online

time30-05-2025

  • Business
  • The Market Online

Canada GDP Data mutes TSX Futures

Futures tied to Canada's main stock index hovered near the flatline Friday, as investors took a cautious stance ahead of GDP data and digested commodity sector dips. Market Numbers (Futures) TSX :Up ( 0.07%) 26,192.21TSXV: Down (0.79%) 696.88DOW: Down (0.35%) 42,118.00NASDAQ: Down (042%) 21,309.75 FTSE: Up (0.39%) 8,750.87 In the Headlines: Canada's economy posted a stronger-than-expected 0.5% gain in Q1, powered by a burst in exports as U.S. buyers rushed to beat looming tariffs from President Donald Trump. And, RioCan REIT has filed a court application to place its joint venture with Hudson's Bay into receivership, seeking to protect stakeholder interests and maximize value after the retailer's creditor protection filing. Currencies Update: (Futures) The Canadian dollar is in the green this morning, up 0.07% to $0.7252 U.S., up by 0.28% to $0.6401 against the Euro, and Bitcoin gives back 2.64% to $145,987.72 Commodities: (Futures) Natural Gas: Down (1.12%), 3.48WTI: Down (0.91%), 60.38Gold: Down (0.43%), 3,302,8557 Copper: Down (0.20%) 6.03 To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here

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