Atb Cap Markets Stock Recommendations and Price Targets

This is a list of recent ratings by Atb Cap Markets.

Date	Company Name	Action	Current Price	Rating	Impact on Share Price
12/10/2024	CFW Calfrac Well Services	Upgrade	C$4.00	Hold ➝ Strong-Buy	N/A
12/10/2024	CEU CES Energy Solutions	Downgrade	C$9.00	Strong-Buy ➝ Hold	N/A
12/10/2024	NOV NOV	Downgrade	$15.00	Strong-Buy ➝ Hold	N/A
12/10/2024	LBRT Liberty Energy	Upgrade	$19.00	Hold ➝ Strong-Buy	N/A
12/10/2024	SLB Schlumberger	Downgrade	$39.00	Strong-Buy ➝ Hold	N/A
12/10/2024	BKR Baker Hughes	Downgrade	$41.00	Strong-Buy ➝ Hold	N/A
12/9/2024	JUSHF Jushi	Downgrade	$0.00	Hold ➝ Strong Sell	N/A
12/9/2024	TSNDF TerrAscend	Downgrade	$1.00	Strong-Buy ➝ Hold	N/A
12/9/2024	CRLBF Cresco Labs	Downgrade	$1.00	Strong-Buy ➝ Hold	N/A
12/5/2024	MEQ Mainstreet Equity	Downgrade	C$208.00	Strong-Buy ➝ Hold	N/A
12/3/2024	HWX Headwater Exploration	Upgrade	C$6.00	Strong-Buy	N/A
11/15/2024	TWM Tidewater Midstream and Infrastructure	Downgrade	C$0.00	Strong-Buy ➝ Moderate Buy	N/A
11/13/2024	AYRWF Ayr Wellness	Downgrade	$0.00	Hold ➝ Strong Sell	N/A
11/12/2024	SHOP Shopify	Downgrade	$119.00	Strong-Buy ➝ Hold	N/A
11/8/2024	DCBO Docebo	Downgrade	$50.00	Strong-Buy ➝ Hold	N/A
11/5/2024	BNE Bonterra Energy	Upgrade	C$3.00	Strong-Buy	N/A
10/30/2024	CPX Capital Power	Downgrade	C$63.00	Strong-Buy ➝ Hold	N/A
10/17/2024	LBRT Liberty Energy	Downgrade	$19.00	Strong-Buy ➝ Hold	Low
10/15/2024	GXE Gear Energy	Downgrade	C$0.00	Strong-Buy ➝ Hold	N/A
10/15/2024	FRU Freehold Royalties	Downgrade	C$13.00	Strong-Buy ➝ Hold	N/A
10/15/2024	PSK PrairieSky Royalty	Upgrade	C$28.00	Hold ➝ Strong-Buy	N/A
8/26/2024	CPX Capital Power	Upgrade	C$63.00	Hold ➝ Strong-Buy	N/A
7/29/2024	RBY Rubellite Energy	Upgrade	C$2.00	Strong-Buy	N/A
6/17/2024	CGC Canopy Growth	Upgrade	$3.00	Hold	Low
5/15/2024	KEY Keyera	Upgrade	C$43.00	Hold ➝ Strong-Buy	N/A
5/8/2024	SHOP Shopify	Upgrade	$119.00	Sector Perform ➝ Outperform	Low
5/5/2024	LCX Lycos Energy	Reiterated Rating	C$3.00	Outperform	N/A
5/3/2024	ACQ AutoCanada	Downgrade	C$18.00	Outperform ➝ Sector Perform	N/A
3/18/2024	HAM Highwood Asset Management	Reiterated Rating	C$6.00	Outperform	N/A
3/8/2024	YGR Yangarra Resources	Upgrade	C$1.00	Sector Perform ➝ Outperform	N/A
2/29/2024	STN Stantec	Downgrade	$81.00	Outperform ➝ Sector Perform	Low
2/29/2024	STN Stantec	Downgrade	C$116.00	Outperform ➝ Sector Perform	N/A
2/22/2024	EXROF Exro Technologies	Reiterated Rating	$0.00	Speculative	Low
2/14/2024	WCN Waste Connections	Downgrade	$176.00	Outperform ➝ Sector Perform	Low
2/14/2024	WCN Waste Connections	Downgrade	C$252.00	Outperform ➝ Sector Perform	N/A
1/17/2024	YGR Yangarra Resources	Downgrade	C$1.00	Outperform ➝ Sector Perform	N/A
12/22/2023	CET Cathedral Energy Services	Upgrade	C$1.00	Sector Perform ➝ Outperform	N/A
12/22/2023	HAL Halliburton	Downgrade	$27.00	Outperform ➝ Sector Perform	Low
12/22/2023	NBR Nabors Industries	Downgrade	$60.00	Outperform ➝ Sector Perform	Low
12/6/2023	SHOP Shopify	Downgrade	$119.00	Outperform ➝ Sector Perform	Low
11/28/2023	GTBIF Green Thumb Industries	Reiterated Rating	$8.00	Outperform	Low
11/21/2023	SNDL SNDL	Reiterated Rating	$2.00	Outperform	Low
11/16/2023	HP Helmerich & Payne	Downgrade	$33.00	Outperform ➝ Sector Perform	Low
11/12/2023	STN Stantec	Upgrade	$81.00	Sector Perform ➝ Outperform	Low
11/12/2023	STN Stantec	Upgrade	C$116.00	Sector Perform ➝ Outperform	N/A
11/9/2023	GXE Gear Energy	Downgrade	C$0.00	Outperform ➝ Sector Perform	N/A
11/8/2023	NFI NFI Group	Upgrade	C$14.00	Speculative ➝ Outperform	N/A
10/27/2023	DB Decibel Cannabis	Reiterated Rating	C$0.00	Outperform	N/A
10/19/2023	AAV Advantage Energy	Reiterated Rating	C$9.00	Outperform	N/A
9/28/2023	NINE Nine Energy Service	Downgrade	$1.00	Sector Perform ➝ Underperform	Low
9/26/2023	LBRT Liberty Energy	Upgrade	$19.00	Sector Perform ➝ Outperform	Low
9/24/2023	CRLBF Cresco Labs	Reiterated Rating	$1.00	Outperform	Low
8/28/2023	NFI NFI Group	Upgrade	C$14.00	Speculative ➝ Outperform	N/A
8/11/2023	CET Cathedral Energy Services	Downgrade	C$1.00	Outperform ➝ Sector Perform	N/A
8/8/2023	PHX PHX Energy Services	Upgrade	C$9.00	Sector Perform ➝ Outperform	N/A
7/12/2023	GBNXF Gibson Energy	Upgrade	$17.00	Sector Perform ➝ Outperform	Low
7/4/2023	JUSHF Jushi	Reiterated Rating	$0.00	Sector Perform	Low
7/4/2023	AAWH Ascend Wellness	Reiterated Rating	$0.00	Outperform	N/A
7/4/2023	TRSSF TerrAscend	Reiterated Rating	$1.00	Outperform	Low
7/4/2023	VRNOF Verano	Reiterated Rating	$1.00	Outperform	Low
7/4/2023	CURLF Curaleaf	Reiterated Rating	$2.00	Outperform	Low
5/11/2023	STN Stantec	Downgrade	$81.00	Outperform ➝ Sector Perform	Low
5/11/2023	STN Stantec	Downgrade	C$116.00	Outperform ➝ Sector Perform	N/A
5/10/2023	PHX PHX Energy Services	Downgrade	C$9.00	Outperform ➝ Sector Perform	N/A
5/10/2023	SPB Superior Plus	Upgrade	C$6.00	Sector Perform ➝ Outperform	N/A
4/27/2023	BTE Baytex Energy	Reiterated Rating	C$3.00	Outperform	N/A
4/20/2023	KEY Keyera	Downgrade	C$43.00	Outperform ➝ Sector Perform	N/A
3/8/2023	EFX Enerflex	Upgrade	C$14.00	Sector Perform ➝ Outperform	N/A
3/1/2023	JUSHF Jushi	Reiterated Rating	$0.00	Outperform	Low
3/1/2023	ARE Aecon Group	Upgrade	C$27.00	Sector Perform ➝ Outperform	N/A
2/16/2023	WCN Waste Connections	Upgrade	$176.00	Sector Perform ➝ Outperform	N/A
2/16/2023	WCN Waste Connections	Upgrade	C$252.00	Sector Perform ➝ Outperform	N/A
2/9/2023	TLRY Tilray	Reiterated Rating	$1.00	Sector Perform	Low
1/25/2023	CURLF Curaleaf	Reiterated Rating	$2.00	Outperform	Low
1/17/2023	IPO InPlay Oil	Reiterated Rating	C$2.00	Outperform	N/A
1/10/2023	CET Cathedral Energy Services	Reiterated Rating	C$1.00	Outperform	N/A
12/20/2022	CP Canadian Pacific Kansas City	Reiterated Rating	$74.00	Outperform	Low
12/20/2022	CP Canadian Pacific Kansas City	Reiterated Rating	C$105.00	Outperform	N/A
12/20/2022	CNI Canadian National Railway	Reiterated Rating	$103.00	Sector Perform	Low
12/20/2022	CNR Canadian National Railway	Reiterated Rating	C$147.00	Sector Perform	N/A
12/13/2022	FAF Fire & Flower	Upgrade	C$0.00	Sector Perform ➝ Outperform	N/A
12/13/2022	MEQ Mainstreet Equity	Upgrade	C$208.00	Sector Perform ➝ Outperform	N/A
11/14/2022	XLY Consumer Discretionary Select Sector SPDR Fund	Downgrade	C$239.00	Outperform ➝ Sector Perform	N/A
11/6/2022	BLN Blackline Safety	Reiterated Rating	C$6.00	Outperform	N/A
10/31/2022	VFF Village Farms International	Reiterated Rating	$1.00	Outperform	Low
10/18/2022	FAF Fire & Flower	Downgrade	C$0.00	Outperform ➝ Sector Perform	N/A
10/14/2022	WSP WSP Global	Upgrade	C$248.00	Sector Perform ➝ Outperform	N/A
9/30/2022	AYRWF Ayr Wellness	Reiterated Rating	$0.00	Outperform	Low
9/22/2022	ACB Aurora Cannabis	Upgrade	$4.00	Underperform ➝ Sector Perform	Low
9/21/2022	ACB Aurora Cannabis	Upgrade	C$6.00	Underperform ➝ Sector Perform	N/A
9/13/2022	CFW Calfrac Well Services	Upgrade	C$4.00	Sector Perform ➝ Outperform	N/A
8/14/2022	EIF Exchange Income	Reiterated Rating	C$56.00	Outperform	N/A
8/11/2022	STN Stantec	Upgrade	$81.00	Sector Perform ➝ Outperform	Low
8/11/2022	STN Stantec	Upgrade	C$116.00	Sector Perform ➝ Outperform	N/A
8/4/2022	WCN Waste Connections	Upgrade	$176.00	Sector Perform ➝ Outperform	Low
8/4/2022	WCN Waste Connections	Upgrade	C$252.00	Sector Perform ➝ Outperform	N/A
8/2/2022	ARE Aecon Group	Downgrade	C$27.00	Outperform ➝ Sector Perform	N/A
7/28/2022	NOA North American Construction Group	Downgrade	$21.00	Outperform ➝ Sector Perform	Low
7/28/2022	NOA North American Construction Group	Downgrade	C$30.00	Outperform ➝ Sector Perform	N/A
7/7/2022	PTEN Patterson-UTI Energy	Downgrade	$7.00	Outperform ➝ Sector Perform	Low