The Globe and Mail reports in its Friday edition that RBC Dominion Securities analyst Drew McReynolds continues to rate Cogeco Communications "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. McReynolds boosted his share target by a loonie to $77. Analysts on average target the shares at $75.79. Mr. McReynolds says in a note: "Despite competitively intense operating environments in Canada and the U.S., management continues to execute on multiple growth initiatives that include rural broadband expansion North American wireless penetration, digitization, and Canadian broadband and America broadband integration. While we remain on the sidelines given the challenged revenue environment and ongoing elevated competitive intensity in the U.S., we continue to see value in the stock and look for better visibility on potential catalysts that could include an eventual uptick in revenue growth (driven by footprint expansion, price increases and/or wireless entry), the eventual realization of greater-than-expected synergies, and/or any potential easing in U.S. competition/concerns." The Globe reported on Dec. 17 that Mr. McReynolds rated Cogeco "sector perform." It was then worth $66.47.