Q: Hi 5i
ATZ having big price moves at market open and appears high volume...Just curious if you are aware of any external event or news driving this?
In have been watching for awhile , thinking about adding to existing position and wonder if this drive may continue into new 2023 ?
thx
ATZ having big price moves at market open and appears high volume...Just curious if you are aware of any external event or news driving this?
In have been watching for awhile , thinking about adding to existing position and wonder if this drive may continue into new 2023 ?
thx
5i Research Answer:
ATZ today was raised to 'BUY' at TD, with a $34 target. The momentum in the stock is good, but still not quite there in terms of fundamentals, at least last quarter. We think it is worth owning but would still be a little cautious on 'more' at the moment.