The Globe and Mail reports in its Saturday, Nov. 10, edition that Desjardins Securities analyst Gary Ho says goeasy's ($40.16) third quarter was "a rare fumble from a solid company." The Globe's David Leeder writes that on Thursday goeasy shares tumbled $6.51 to $38.76 despite the release of better-than-anticipated quarterly results, which were "overshadowed by some credit deterioration in the portfolio." He says, "While third quarter credit quality is of concern, we believe the sharp share price decline is overdone." Mr. Ho continues to rate goeasy "buy." He lowered his share target to $53 from $58. Analysts on average target the shares at $62.67. Mr. Ho says in a note: "Our investment thesis is predicated on: (1) management executing on targets given its track record in meeting/exceeding past targets—2020 guidance sees the loan book doubling; (2) with the exit of two incumbents, the non-prime consumer lending market is underserved (particularly in Quebec); (3) with scale, the business could generate 20-per-cent or more ROE [return on equity]; and (4) we expect double-digit dividend growth in the next few years." Elsewhere, goeasy was removed from Raymond James's "Canadian Analyst Current Favourites" list.