The Globe and Mail reports in its Tuesday, April 7, edition that Scotia Capital analyst Robert Hope has an unchanged "sector outperform" recommendation for AltaGas. The Globe's David Leeder writes that Mr. Hope tweaked his share target ahead to $54 from $52. Analysts on average target the shares at $50.67. Mr. Hope says in a note: "We view AltaGas's global export business as a crown jewel asset, which is uniquely positioned to benefit from the current commodity price environment. If the Iran conflict persists, the spread between propane/butane (LPG) pricing in Asia relative to North America could remain wide. This presents significant upside to our AltaGas EBITDA estimates as we estimate a $10 (U.S.)/bbl move in the spread adds 5 per cent/13 per cent/17 per cent to our EBITDA estimates in 2026/2027/2028. While the pricing impacts can be transitory, we also believe that the conflict will fundamentally change LPG buying behavior to place a greater emphasis on diversity and security of supply. These dynamics favour AltaGas and support further global export expansions. We increase our 2026 estimates to reflect only a $5 (U.S.)/bbl increase in LPG spreads. ... We are above the top end of AltaGas's guidance range."