The Globe and Mail reports in its Saturday, Jan. 20, edition that Canadian banks are enjoying momentum heading into 2018, says Credit Suisse analyst Nick Stogdill in a sector forecast report released Friday. The Globe's David Leeder writes in the Eye On Equities column that Mr. Stogdill continues to rate Laurentian Bank of Canada ($53.38) "underperform." He moved his share target to $55 from $57. Analysts on average target the shares at $58.20. Mr. Stogdill says in a note, "While valuation has come down since Q4/17 earnings, we continue to see limited upside to LB given its weak underlying growth outlook and believe recent issues related to mortgage underwriting and quality control measures will negatively impact mortgage lending and increase expenses." The Globe reported on Aug. 31 that Canaccord Genuity analyst Scott Chan reiterated his "buy" call on Laurentian Bank. In the item he boosted his share target to $63 from $61. The shares could then be had for $56.30. The Globe reported on Dec. 7 that BMO Nesbitt Burns analyst Sohrab Movahedi upgraded Laurentian Bank to "outperform" from "market perform." As well, he hiked his share target to $62 from $57. The shares could then be had for $55.27.