The Globe and Mail reports in its Tuesday, Feb. 6, edition that Echelon Partners analyst Rob Goff has commenced coverage on Alithya Group with a "buy" recommendation and $2.70 share target. The Globe's David Leeder writes that analysts on average target the shares at $2.66. Mr. Goff sees shares of Alithya Group representing "an attractive investment with potentially aggressive upside over time while downside risk appears modest." The Montreal-based strategy and digital technology services announced a plan last week to voluntarily delist from the Nasdaq Capital Market to focus on its Canadian listing. Mr. Goff says in a note: "Two tough quarters have seen downward forecast revisions as the shares have declined 35 per cent over the past six months. While investors await a return to 5-per-cent-plus organic growth levels, we see an attractive opportunity where the shares reflect depressed valuations against baseline forecasts. Where industry forecasts call for growth to push upper single digits or greater, the Alithya consensus forecasts reflect organic-only growth at sub-market growth levels despite compelling arguments in favour of a return to market or the above-market growth targeted by management."