The Globe and Mail reports in its Friday edition that RBC Dominion Securities analyst Paul Treiber commenced coverage of Blackline Safety with an "outperform" recommendation, calling it "a pioneer of connected employee safety solutions" with "a unique revenue model where high-margin recurring services complement hardware revenue)." The Globe's David Leeder writes that Mr. Treiber set a share target of $9, which implies a 37-per-cent return. Analysts on average target the shares at $9.50. Mr. Treiber says in a note: "With AI, we see connected safety devices shifting from compliance purchases to productivity-enhancing investments. We anticipate Blackline's strong growth momentum to continue and expect solid operating leverage to drive margin expansion and FCF growth. Blackline's next-generation product line is likely to add several new features which we expect to help enable AI chatbot assistants for remote workers. AI shifts safety devices from a compliance cost to a productivity enhancing investment. We believe Blackline's next-gen device will increase the company's TAM to include push-to-talk and field service management, markets which are nearly 13 times larger than portable gas detectors."