The Globe and Mail reports in its Tuesday, Oct. 31, edition that Stifel analyst Michael Dunn has reaffirmed his "buy" recommendation for Advantage Energy. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dunn jacked his share target ahead by 50 cents to $14.50. Analysts on average target the shares at $12.51. Mr. Dunn says in a note: "Following up on Advantage Energy's 3Q results, which modestly beat our estimates while organic spending was less than expected, our go-forward estimates are little changed. We continue to see the stock as offering very compelling valuation given its capital efficient outlook for approximately 10 per cent per year production growth and significant share buybacks, deep inventory of Tier 1 Montney locations, operational track record, and low valuation multiples even before ascribing any value to its Entropy business, which we expect will unlock value in the next year or so as project(s) become sanction ready. We are raising our target price." The Globe reported on July 14 that BMO Capital Markets analyst Mike Murphy had lowered his recommendation for Advantage Energy to "market perform" from "outperform." The shares could then be had for $8.70.