ATB Cormark says keep buying SNDL

Same song, different verse

ATB Cormark Capital Markets analyst Frederico Gomes didn’t exactly drop a bombshell here — he simply reiterated a Buy on SNDL and kept the price target parked at $4.50. In analyst-speak, that’s basically: “Nothing to see here, folks, the thesis still stands.”

Why you should care

For investors, this matters less because of the newness factor and more because it helps frame the mood around SNDL. Cannabis stocks can trade like caffeinated squirrels on a trampoline, and even a repeat bullish call can give the stock a little support if traders are hunting for confirmation.

The fine print

A few details worth clocking:

• The call came from ATB Cormark Capital Markets
• Analyst Frederico Gomes maintained the Buy rating
• The $4.50 target stayed put, so there’s no fresh valuation reset hiding in the weeds
• TipRanks says the analyst has a 52.4% success rate and a -4.4% average return over the past year, which is a polite reminder that analysts are smart — and also human

Big picture

This is not a game-changing catalyst by itself. But in a sector that often runs on sentiment, even a repeated thumbs-up can help keep buyers interested while they wait for something bigger — like earnings, regulatory news, or the kind of industry shift that actually moves the needle.