The Globe and Mail reports in its Tuesday, Aug. 15, edition that BMO Capital Markets analyst Tamy Chen is sticking with her "market perform" recommendation for AutoCanada. The Globe's David Leeder writes in the Eye On Equities column that Ms. Chen gave her share target a $6 boost to $26. Analysts on average target the shares at $31.05. Ms. Chen says in a note: "What has kept us from becoming more positive on the stock is the uneven management execution since H2/22, so Q2/23 results were encouraging to see. Following recent notable jump, the stock is trading around the midpoint of its historical average on our increased 2024E EBITDA, which we do not consider to be a trough level. Further, we believe not all the strong trends in Q2/23 will extend into H2/23 and 2024. Thus, we await for a better entry point, assuming no notable step back in execution or the macro outlook."