The Globe and Mail reports in its Thursday, Nov. 9, edition that RBC Capital analyst Tom Callaghan has reaffirmed his "sector perform" recommendation for BTB REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Callaghan gave his unit target a 25-cent trim to $3.50. Analysts on average target the units at $3.63. Mr. Callaghan says in a note: "BTB REIT's Q3 results fell shy of our outlook and Street consensus, largely on the back of lower NOI. While the macro environment remains challenging, the REIT continues to focus on controllables, including leasing initiatives, and advancement of select densification opportunities, which could begin to bear fruit into 2024." The Globe reported on Aug. 11, 2022, and Nov. 10, 2022, that Mr. Callaghan rated BTB REIT "sector perform." It was then worth $3.85 and $3.58.