Tuesday’s analyst upgrades and downgrades

Tuesday’s analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions

Desjardins Securities’ retail analyst Chris Li said his recent pricing survey reconfirmed Dollarama Inc. ’s ( DOL-T ) " compelling value proposition ."

" On a price-per-unit basis, we estimate DOL is 30– 50 per cent lower than WMT and AMZN,“ he said. ”We believe DOL’s compelling value and breadth of product offering should support continuing solid traffic and moderate price increases. We estimate a slight uptick in unit price inflation to 1.9 per cent in 1Q FY26 from 1.6 per cent in 4Q FY25, partly driven by an increase in name brand food consumables, possibly in relation to retaliatory tariffs."

In a research note released Tuesday, Mr. Li said he expects the Montreal-ba