Spin Master Price Target Raised to $27 at TD
TD Securities raised its price target on Spin Master Corp. (TOY.TO) to $27 from $26 on Friday. Analyst Brian Morrison maintained a Buy rating on shares of the Canadian multinational toy and entertainment company ahead of its quarterly results on July 30. "A return to historical retail ordering patterns, compelling offering including stabilization of M&D, clean channel inventory, and stable POS trends could support Spin outperforming Q2/26 consensus," Morrison said in a note to clients. "We forecast y/y growth to accelerate in the seasonally strong Q3/26, improving investor confidence in 2026 guidance, that leads to a narrowing of its valuation discount currently at historical lows," the analyst said.
TD Securities raised its price target on Spin Master Corp. (TOY.TO) to $27 from $26 on Friday.
Analyst Brian Morrison maintained a Buy rating on shares of the Canadian multinational toy and entertainment company ahead of its quarterly results on July 30. "A return to historical retail ordering patterns, compelling offering including stabilization of M&D, clean channel inventory, and stable POS trends could support Spin outperforming Q2/26 consensus," Morrison said in a note to clients. "We forecast y/y growth to accelerate in the seasonally strong Q3/26, improving investor confidence in 2026 guidance, that leads to a narrowing of its valuation discount currently at historical lows," the analyst said.