The Globe and Mail reports in its Friday, April 19, edition that Stifel analyst Ingrid Rico has reaffirmed her "buy" recommendation for Agnico Eagle Mines. The Globe's David Leeder writes in the Eye On Equities column that Ms. Rico boosted her share target to $104 from $94. Analysts on average target the shares at $93.25. Ms. Rico says in a note: "We view Agnico Eagle as a high-quality, senior gold producer. Following the merger with Kirkland Lake and consolidating ownership of the Canadian Malartic mine, Agnico is cementing its position of dominant Canadian gold producer with production in Canada of more than 2.7Moz/yr (80 per cent of Agnico's total production). The company has a strong track record of creating value for shareholders through excellent execution, and we believe that considerable footprint in the Abitibi offers long-term value opportunities by leveraging infrastructure and regional expertise. The company has routinely chosen smart development and expansion projects from its pipeline, which have been largely funded through internally generated cash flow and low-cost debt. ... Agnico is expected to maintain its track record of returning cash to shareholders through sustainable dividends."