03:15 PM EDT, 04/23/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by CAD15 to CAD55, applying an EV/EBITDA multiple of 6.5x to our 2026 estimate. We trim our 2026 EPS estimate by CAD0.04 to CAD4.86 and set 2027's at CAD5.04. Rogers announced plans to monetize its sports and media assets by bringing in external investors and expects the combined entity's value to exceed USD25B, which is anticipated to unlock significant unrecognized value and create new revenue and EBITDA synergies. It is nearing completion of its major multiyear investment cycle, allowing for a substantial reduction in capital spending while sustaining network leadership and reliability. The anticipated reduction in capital intensity (from 17% in 2025 to approximately 12% in 2026) positions Rogers for increased FCF and lower debt for the foreseeable future. Guidance for 2026 was upgraded, projecting reduced capex, increased FCF, and lower leverage, setting a strong financial outlook for the coming years.