The Globe and Mail reports in its Tuesday, Dec. 23, edition that TD Cowen analyst Brian Morrison has reiterated his "buy" recommendation for Aritzia. The Globe's David Leeder writes that Mr. Morrison's share target soared $23 to $133. Analysts on average target the shares at $117.18. Mr. Morrison is expecting Aritzia to report "strong" third quarter fiscal 2026 results that exceed the Street's current expectations on Jan. 8. Mr. Morrison says in a note: "This should be due to outsized revenue growth from SSSG, new store openings, and its successful mobile app launch that in turn supports operating leverage. Shares have appreciated 105 per cent year-to-date, but further more modest upside should come from the magnitude of the F2026 guidance raise and confidence for ongoing revenue momentum in F2027." Mr. Morrison is currently projecting quarterly revenue growth of 32 per cent year-over-year to $964-million. That easily exceeds its guidance of $875-million to $900-million, which he attributes to "its product resonating, as confirmed by channel checks, new store openings, and the launch of its highly anticipated mobile app. This should support operating leverage above the company's flat year-over-year guidance."