The Globe and Mail reports in its Wednesday, March 20, edition that Raymond James analyst Michael Glen thinks "things appear to be tracking quite well" for Aritzia, believing it "feels very constructive" about its implied guidance for the fourth quarter of fiscal 2024 and 2025 outlook. The Globe's David Leeder writes in the Eye On Equities column that Mr. Glen continues to rate Aritzia "outperform." Mr. Glen's share target soared $11 to $46. Analysts on average target the shares at $41.38. Mr. Glen says in a note: "While F2025 is clearly an important first hurdle, we recognize that longer-term investors are looking to where EPS could trend beyond F2025. In that regard, despite the headwinds faced in F2024, we view it as quite constructive that management still makes reference to achieving the F2027 guidance it laid out during its Investor Day in late 2022. Broadly speaking, these targets called for total sales of $3.5-billion to $3.8-billion with an adjusted EBITDA margin of 19 per cent. ... We look at a sensitivity exercise that outlines what Aritzia's P&L potentially looks like under the high and low end of this range, with a corresponding variance in EBITDA margin of 18-19 per cent."