TSX Movers: Encana, FirstService, Electrovaya

TSX Movers: Encana, FirstService, Electrovaya

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Business

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The transcript discusses RBC Capital's outperform rating for a real estate services manager, highlighting a credible plan to double in size without issuing shares or increasing leverage. The 12-month price target is set at $56 per share. Additionally, Electrovaya has secured a contract to design and develop lithium-ion batteries for a Fortune 1000 company, with large-scale production expected to start in late 2017. Earlier, Electrovaya had a deal with a similar-sized company, later identified as Heister, Yale Group.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the plan of the real estate services manager regarding its size?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What type of batteries is Electrovaya contracted to design and develop?

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