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Recent Articles

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Scotia Capital rates CCL Industries at sector outperform with C$72 target, anticipating organic growth reacceleration and major M&A potential; about 60% of CCL's end-market is defensive, including home and personal care, food and beverage, health care

Norvik secures necessary approvals from competition authorities of Iceland and Latvia for offer to acquire remaining Bergs Timber shares for SEK 44.50 each, with final offer acceptance date set for Nov. 29

Shein has reportedly confidentially filed for an IPO to become publicly traded in the US, which is expected as early as 2024; Shein reached a US$66B valuation earlier this year after it closed a US$2B funding round in May

HSBC initiates coverage on Estee Lauder with buy rating and US$180 target, notes impressive track record came to abrupt end after management missteps, but believes brand equity can be salvaged and sales/margins repaired, though not fully for the latter

Raymond James upgrades Canfor to strong buy from outperform and lifts target by C$2 to C$25, citing promising valuation dynamics and potential for seasonal rally in lumber and building materials stocks, as end users begin to replenish depleted inventories

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