The Globe and Mail reports in its Tuesday, April 14, edition that RBC Capital analyst Drew McReynolds has an unchanged "sector perform" call for Cogeco Communications. The Globe's David Leeder writes in the Eye On Equities column that Mr. McReynolds gave his share target a $3 trim to $74. Analysts on average target the shares at $75.70. Mr. McReynolds says in a note: "Despite a competitively intense operating environment in the U.S., management continues to execute on multiple growth initiatives that include rural broadband expansion, North American wireless penetration, brand expansion, 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 traction), the realization of greater-than-expected synergies, and/or any potential easing in U.S. competition/concerns."