Dollarama resumed with an Outperform at Scotiabank

Scotiabank analyst John Zamparo resumed coverage of Dollarama (DLMAF) with an Outperform rating and C$150 price target Dollarama, “arguably the sector’s best compounder,” has the ability to replicate its Canadian success story in Latin Amercia with Dollarcity, the analyst tells investors. Meanwhile, the breadth of the company’s products and customer base insulates it against the ebbs and flows of Canada’s economy, the analyst contends.