TECSYS gets love from Gartner, Industrial Alliance


Industrial Alliance Securities analyst Steve Li says there are many reasons to remain bullish about TECSYS (TSX:TCS). In a research update to clients this morning, Li maintained his “Strong Buy” rating and $10.50 one-year target on TECSYS, implying a return of 33.2% at the time of publication. Yesterday, TECSYS announced it had been granted patent […]

Catamaran spikes after $5.5-billion third quarter

Shares of Catamaran Corp. (TSX:CCT) are up today after the company reported Q3 results that bested expectations. Riding strong organic growth in its Pharmacy Benefit Management business, the company’s Q3 revenue increased 53% to $5.5-billion, up from the the $3.6-billion topline it posted in last year’s third quarter. Catamaran earned $82.0-million, up from $72.9 million […]

Insider buying at ViXS Systems

ViXS VP Worldwide Sales Perry Chappell is one of three company insiders to make recent purchases of the company's stock in the open market.

ViXS Systems (VXS.TO) hasn’t done much but go down since going public last year, but some of those closest to the company think its shares are now cheap. Several ViXS insiders have made recent purchases of the stock in the open market. On October 8th, the company’s VP, Infrastructure and Networking Sales John Pomeroy bought […]

ViXS Systems has 150% upside, says Paradigm’s Kim


ViXS Systems’ (TSX:VXS) heavy investment in R&D will enable the company’s stock to rebound from a “free fall” following its IPO in July of last year, says Paradigm Capital analyst Daniel Kim. Since its offering, which was priced at $3.50, shares of Toronto-based ViXS have experienced a protracted slide, with its most recent prices being […]

ViXS is at a potential turning point in momentum, says Clarus


Market adoption of 4K video and HEVC will make for an exciting 2015 for ViXS Systems (TSX:VXS), says Clarus Securities analyst Eyal Ofir. Yesterday, ViXS reported its Q2, 2015 results. The company lost (U.S.) $3.78-million on revenue of $9-million, up 11% from the $8.1-million topline the company posted in last year’s second quarter. “ViXS continues […]

Intertain Group gets new $8.00 price target from Clarus

"We believe Intertain deserves a premium multiple," says Mackie Research Capital analyst Nikhil Thadani. "Intertain’s revenue guarantee, strong organic prospects, able management team, very rapid M&A execution and more M&A upside warrants a premium multiple."

Intertain’s (TSX:IT) planned acquisition of online bingo player Mandalay Media removes risk from the company’s story, says Clarus Securities analyst Eyal Ofir. On Wednesday, Intertain announced the planned acquisition of the U.K.-based Mandalay for 45-million British pounds, plus a performance contingency of 15-million pounds. Intertain Group CEO John Kennedy FitzGerald said the pickup gives the […]

Montreal’s CGI Group wins U.S. Department of Homeland Security work

CGI says this new contract might provide an opportunity to expand its footprint within the Department of Homeland Security, particularly in mission-critical IT services such as cyber security and big data solutions.

It seems all the noise about CGI Group’s (TSX:GIB.A) participation in the Obamacare fiasco is not hindering the Montreal-based company’s ability to secure U.S. government work. CGI today announced that the The U.S. Department of Homeland Security has selected its subsidiary, CGI Federal, as a prime technology contractor. Noting that CGI has a history with […]

Q1 Preview: CGI’s “contrarian” acquisition of Logica will pace growth, says Cormark

cgi group

The integration of CGI Group’s (TSX:GIB.A) “contrarian” acquisition of Logica is ahead of schedule and will help pace the company to a higher share price, says Cormark analyst Richard Tse. In a research update to clients this morning, Tse looked ahead to CGI’s Q1 results, which are due before market open on April 30th. The […]

Beaten down ViXS Systems is a buy, says Cormark

ViXS Systems CEO Sally Daub.

Shares of ViXS Systems (TSX:VXS) have taken it on the chin of late, but Cormark analyst Richard Tse says investors should take advantage of the current price of the stock, which he believes is much too low. Last Wednesday, ViXS announced that a year-end audit revealed uncovered that billing of $1.5-million under a previously disclosed […]

ViXS Systems is staying ahead of the curve, says Cantor Fitzgerald’s Abernethy

Late in December, Samsung unveiled its 110-inch UltraHD TV.

A series of product and design announcements from ViXS Systems (TSX:VXS) this week provides further validation that the company is well positioned to take advantage of media and communications trends, says Cantor Fitzgerald Canada analyst Blair Abernethy. On April 1st, ViXS expanded its UltraHD 4K offering by adding XCodePro 330 and XCodePro 320, a pair […]