5N Plus Inc. (VNP.TO) was upgraded to strong buy from outperform at Raymond James.
Analyst Michael Glen maintained a price target of C$45 on shares of the Canadian producer of specialty semiconductors and performance materials.
"We are upgrading to strong buy given our view there is a large disconnect between market valuation and underlying fundamentals, and we continue to see a very strong growth outlook," Glen said in a note to clients.
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