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Aritzia Inc (TSX:ATZ) Gains Positive Analyst Outlook
Financial Modeling Prep· 2026-01-09 22:00
Core Viewpoint - Aritzia Inc is gaining attention in the investment community due to its strong brand momentum and strategic initiatives, leading to positive analyst upgrades and a promising outlook for growth in the competitive fashion retail market [1][2][5]. Group 1: Analyst Upgrades - RBC Capital upgraded Aritzia's stock to "Outperform" with a price target increase from C$116 to C$150 [1][6]. - Jefferies analysts raised their price target for Aritzia from C$114 to C$140, indicating a potential upside of approximately 19% from the previous closing price [2][6]. Group 2: Growth Initiatives - Aritzia's recent initiatives, such as launching a mobile app and expanding its international site, are expected to significantly boost eCommerce, with projections of more than doubling by fiscal 2027 [3][6]. - The company's retail performance is promising, with encouraging foot traffic and high conversion rates noted at its new Flatiron flagship store [3]. Group 3: Market Performance - The current stock price of Aritzia (ATZAF) is $93.42, reflecting a 3.33% increase or $3.01, with a market capitalization of approximately $8.93 billion [4]. - The stock has fluctuated between $92.60 and $96.67 today, with $96.67 marking its highest price over the past year [4].