macro

Scotia Capital Trims Price Targets on GFL Environmental and TFI International

Scotia Capital cut its GFL Environmental target to $55 from $57 and TFI International's to C$235 from C$263, keeping Sector Outperform ratings on both stocks.

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what happened

Scotia Capital lowered its price target on GFL Environmental Inc. to $55.00 per share from $57.00. The firm kept its Sector Outperform rating on the shares.

Separately, the broker reduced its target on TFI International Inc. to C$235.00 per share from C$263.00. The Sector Outperform rating on that stock was also left unchanged.

why it matters

The target revisions suggest Scotia Capital has adjusted its valuation of both companies, while leaving its generally positive view intact. For investors, moves like these can shape sentiment around waste management and freight transport shares, though on their own they do not signal where prices will go next.

tags

instruments

GFL EnvironmentalTFI InternationalScotia Capital

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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