Aritzia Price Target Raised to $133 at TD

MT Newswires Live12-22 21:07

TD Securities raised its price target on Aritzia Inc. (ATZ.TO) to $133 from $110 on Monday.

Analyst Brian Morrison maintained a Buy rating on shares of the Vancouver-based clothing retail company ahead of its quarterly results on January 8.

"We forecast strong Q3/F26 EPS that exceeds current consensus," Morrison said in a note to clients. "This should be due to outsized revenue growth from SSSG, new store openings, and its successful mobile app launch that in turn supports operating leverage."

"Shares have appreciated ~105% YTD, but further more modest upside should come from the magnitude of the F2026 guidance raise and confidence for ongoing revenue momentum in F2027," the analyst said.

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