02:03 PM EDT, 06/12/2025 (MT Newswires) -- BMO has raised its target on Dollarama ( DLMAF ) to $215 from $170, keeping its Outperform rating after the company reported a first-quarter beat.

Analyst Tamy Chen notes that Wednesday's +10% stock performance reflects expectations that results will ultimately exceed current F2026E guidance. "We also contemplate potential upside in F2026E SSS and gross margin should current trends continue, which we believe is likely," she adds.

The stock price move also likely reflects further positive sentiment on Dollarcity's operating leverage trajectory.

Price: 194.23, Change: +1.24, Percent Change: +0.64