The Globe and Mail reports in its Friday edition that RBC Capital analyst Maurice Choy has reaffirmed his "sector perform" recommendation for Atco. The Globe's David Leeder writes in the Eye On Equities column that Mr. Choy raised his share target by a loonie to $45. Analysts on average target the shares $45.71. Mr. Choy says in a note: "We believe the market will be encouraged by the continued strong performance of the S&L business in 2023 and management's expectation that Atco Structures' earnings is unlikely to contract in 2024. As the market looks forward to seeing these strong S&L earnings materialize in the new year, it will also be watching for any equity needs stemming from CU's stronger rate base outlook, and what that may mean for Atco's capital allocation decisions, recognizing that the Triple M acquisition (and the seemingly successful integration into S&L) suggests there are attractive non-utility opportunities for Atco to consider as well." The Globe reported on Sept. 12 that Mr. Choy had reaffirmed his "sector perform" recommendation when the shares could be had for $36.20. The Globe reported on Jan. 25 that Scotia Capital had downgraded Atco to "sector perform." It was then worth $36.96.