The Globe and Mail reports in its Friday, April 17, edition that ATB Cormark Capital Markets analyst Gavin Fairweather has reaffirmed his "outperform" recommendation for Altus Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Fairweather gave his share target a $4 boost to $54. Analysts on average target the shares at $52.80. Mr. Fairweather says in a note: "This week, we attended the Altus Connect user conference in Los Angeles. Clients we spoke with were impressed by the pace of product innovation as new features and releases drive meaningful efficiency and capture more workflows within the system. That said, most customers we spoke with were early in the journey of adopting Argus Intelligence's more advanced capabilities. We think this setup positions the firm for accelerated upsell momentum in the years ahead and derisks the pathway to HSD growth outlined at the investor day." The Globe reported on Nov. 7 that National Bank had cut Altus Group to "sector perform" from "outperform." The shares were then going for $53.63. The Globe reported on Feb. 20 that RBC Capital Markets analyst Paul Treiber continued to rank Altus Group "sector perform." It was then worth $41.10.