The Globe and Mail reports in its Friday, March 20, edition that TD Cowen analyst Derek Lessard has reaffirmed his "buy" call on Boyd Group Services. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Lessard gave his share target a $20 trim top $270. Analysts on average target the shares at $262.60. Mr. Lessard says in a note: "Boyd Group Services is a structurally stable business that has now delivered consecutive quarters of positive SSS (after two years of declines) while reestablishing its growth cadence amid industry consolidation. The company continues to take share, outperform peers by 400–500bps, generate meaningful operating leverage, and recently scaled its platform by 25 per cent via the JHCC acquisition. Against this backdrop, a double-digit share price pullback owing to a modest same-store sales miss, despite a 3 per cent EBITDA beat, looks overdone. ... We believe the margin outperformance was largely missed. Operating leverage, favorable mix and Project 360 drove a 60bps margin beat (vs. TD Cowen), reinforcing our confidence in Boyd's long-term exit margin of 14 per cent." Mr. Lessard views the pullback in Boyd shares "as a compelling risk-reward entry point."