01:13:51 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



Softchoice Corp
Symbol SFTC
Shares Issued 60,328,918
Close 2024-08-15 C$ 18.36
Market Cap C$ 1,107,638,934
Recent Sedar Documents

Globe says Goyal keeps Softchoice at "sector perform"

2024-08-15 09:06 ET - In the News

The Globe and Mail reports in its Thursday, Aug. 15, edition that Scotia Capital analyst Divya Goyal is maintaining his "sector perform" recommendation for Softchoice. The Globe's David Leeder writes that Ms. Goyal gave her share target a $2 boost to $20. Analysts on average target the shares at $21.81. Ms. Goyal says in a note: "Softchoice recently reported Q2/24 results which came in above our and Street expectations on profitability as management noted growing momentum across the company's software and cloud business driven by expanded salesforce/technical capabilities and increasing client interest in Microsoft Copilot across its SMB/Commercial client base which bodes well for its future growth prospects. During the earnings call, the company noted strengthening partner incentive programs which added a boost to profitability alongside cost efficiencies realized from ongoing cost containment efforts. Management highlighted the company's natural operating leverage and realized operational efficiencies as a key contributor to profitability growth. ... We will continue to closely monitor the company's performance given its focus on S/W and cloud and alignment with Microsoft and revisit our rating accordingly."

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