Aritzia (ATZAF, Financial) has received an upgrade from Raymond James analyst Michael Glen, who has shifted his rating from Market Perform to Outperform. The new price target for Aritzia is set at C$55, although this reflects a revision from the previous target of C$65.
The analyst highlights that as concerns related to tariffs and trade tensions decrease, investor focus is likely to return to Aritzia due to the company's promising growth opportunities. This optimistic outlook suggests that, despite the adjusted price target, the stock remains an attractive option for investors looking for growth potential in the retail sector.
