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As previously reported, TD Securities downgraded Dorel Industries (DIIBF) to Sell from Hold with a price target of C$2, down from C$4.50. Given economic and tariff uncertainties, it is not clear Dorel ‘s Home segment can return to profitability by the end of 2025, the analyst tells investors in a research note. The firm says that despite the company’s restructuring efforts, it cannot be certain that lenders will agree to an extension. This raises going concerns questions, contends TD.
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