BUZZ-CGI Group Inc: TD Securities raises price target

Mon Feb 23, 2015 2:25pm EST
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** Canadian computer services provider's shares up 6.6 pct at C$55.70; U.S.-listed shares up 6.2 pct at $44.20

** Toronto-listed shares touch all-time high of C$56; U.S.-listed shares hit record of $44.57

** TD Securities raises price target to C$60 from C$55; median price target C$53.25 - Thomson Reuters data

** Management effectively refuted the notion that market share in the U.S. federal space was impaired by the health exchange business, the analysts write

** Up to Friday's close, Toronto-listed shares had risen 40 pct in past 12 months