The Globe and Mail reports in its Feb. 27, edition that National Bank Financial analyst Adam Shine has elevated his recommendation for Cogeco Communications to "outperform" from "sector perform." The Globe's David Leeder writes that Mr. Shine gave his share target a $9 boost to $80. Analysts on average target the shares at $74.69. Mr. Shine sees "more upside potential" at Cogeco Communications ahead of the April 9 release of its second quarter financial results. He expects investor attention to pivot toward a "better" second half of the fiscal year. Mr. Shine says in a note: "We're pushing out our valuation six months and now base our target on average of f2026E/f2027 estimated DCF [discounted cash flow] and f2027/f2028 NAV, with implied EV/EBITDA 5.8 times f2026, 5.6 times f2027 and 5.4 times f2028. We increased Canadian cable multiple in NAV by 50 basis points to 5.5 times as Internet loading and execution remain solid (five times too low). We also doubled terminal growth rate in DCF to 0.50 per cent (0.25 per cent too low as C.I. falls). As we look for EBITDA trend to improve in 2H26 and FCF to elevate to $600-million in f2027, Cogeco Communications' well positioned to resume buyback activity in f2027."