The Globe and Mail reports in its Friday, Jan. 19, edition that Canaccord Genuity analyst Doug Taylor is keeping his "speculative buy" recommendation for Blackline Safety intact. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Taylor raised his share target by a loonie to $5. Mr. Taylor says in a note: "This reflects the improvement in cash burn metrics despite the breakeven threshold being set back to H2/24, and anticipation for continued strong organic growth. Blackline's product leadership within the connected safety market is unchallenged, in our view, and should support many years of market share gains. As the company executes against its objectives of profitability and 'rule-of-40'-like performance, we believe there is further upside, beyond our new target price, as emphasis is increasingly put on the top-line growth profile and large market opportunity vs. OPEX and balance sheet." The Globe reported on May 27, 2022, that Mr. Taylor had reaffirmed his "buy" recommendation for Blackline Safety. It was then worth $4.18. The Globe reported on Jan. 26, 2023, that Echelon Capital analyst Amr Ezzat rated Blackline Safety "buy." The shares could then be had for $2.48.