Cascades upgraded to Outperform from Sector Perform at Scotiabank

Scotiabank analyst Jonathan Goldman upgraded Cascades (CADNF) to Outperform from Sector Perform with a price target of C$15.50, up from C$12. The firm likes the stock’s setup heading into the Q4 report and 2025. The firm expects the old corrugated containers industry to gain some traction on the December price increase, likely in February or March.