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Brief: Canada's New Housing Price Index Down 0.2% M/M in March

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Research

Research Alert: CFRA Maintains Strong Buy Rating On Shares Of Interactive Brokers Group, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target by $6 to $94, applying a forward P/E of 32.3x our 2027 EPS estimate vs. the peer average of 28.3x. We keep our 2026 EPS view at $2.49 and increase 2027's by $0.20 to $2.91. IBKR delivered a strong Q1, achieving record net revenues and commission revenues despite a challenging market environment where major indices declined. The company continued its impressive client acquisition momentum, setting new records for total accounts (+31% Y/Y), client equity (+38%), and client cash balances. Trading activity remained robust, with significant growth in DARTs (+24%) and volumes across all major product classes. We see several emerging catalysts, including the elimination of the Pattern Day Trader rule to boost retail activity, a partnership with Coinbase Derivatives to capture crypto demand, and the long-term opportunity in its burgeoning prediction markets. We like IBKR's deep integration of AI across the firm as a key strategic priority to enhance client tools and improve operational efficiency.

$IBKR
Australia

Tractor Supply Facing 'Modest Risk' to Fiscal 2026 Outlook, Morgan Stanley Says

Tractor Supply (TSCO) is facing a "modest risk" to its 2026 outlook amid traffic declines in Q1 and softer demand in the companion animal segment, Morgan Stanley said in a Wednesday note.The company reported fiscal Q1 earnings Tuesday of $0.31 per diluted share, down from $0.34 a year earlier, while net sales increased to $3.59 billion from $3.47 billion. According to Morgan Stanley, Tractor Supply projects fiscal 2026 comparable sales growth of 1% to 3% and $2.13 to $2.23 in adjusted EPS.Morgan Stanley estimated that the companion animal segment's comparable sales declined by about 3.5% in Q1. The segment could weigh on the company's 2026 outlook due to weaker demand as it is estimated to comprise low-20% of sales for the remainder of the year, the brokerage noted.There is also a risk that traffic remains flat-to-negative due to weaker consumer sentiment and increasing competition, among others, Morgan Stanley added.Morgan Stanley cut its price target on Tractor Supply to $45 from $57, with an equal-weight rating.Price: $39.15, Change: $-0.42, Percent Change: -1.06%

$TSCO
Australia

Piper Sandler Adjusts Boston Scientific Price Target to $90 From $105, Maintains Overweight Rating

Boston Scientific (BSX) has an average rating of Buy and mean price target of $96.45, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $64.59, Change: $+5.07, Percent Change: +8.52%

$BSX