TD keeps Buy ratings on AltaGas, Champion Iron, Enerflex and TMX

what happened

TD analysts kept Buy ratings on shares of four Canadian companies, Dow Jones Newswires reports, citing Baystreet. Only the price targets changed.

The AltaGas target rose to C$61 per share from C$60. Champion Iron, an iron ore producer, had its target cut to C$3.50 from C$4.00. Enerflex, an energy equipment supplier, now has a target of C$44 versus a previous C$46.

For TMX Group, the exchange operator, the target increased to C$68 from C$67.

why it matters

Routine rating updates like these rarely move the broad market. For investors they serve as a reference point when valuing individual stocks: a higher target signals a stronger view of a company, while a cut points to a more cautious outlook. The impact stays mostly with these four shares.

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