The Globe and Mail reports in its Wednesday, Jan. 17, edition that National Bank Financial analyst Adam Shine has reaffirmed his "outperform" recommendation for Cineplex. The Globe's David Leeder writes in the Eye On Equities column that Mr. Shine shaved his share target by a loonie to $12.50. Analysts on average target the shares at $12.75. Mr. Shine trimmed his share target after Cineplex's fourth quarter box-office results came in lower than he anticipated. The Globe says Mr. Shine expects the impact of last year's Hollywood strikes to continue to weigh on results well into the current fiscal year. Mr. Shine says in a note: "The Hollywood strikes, despite getting resolved (writers Sept. 26, actors Nov. 9), impacted Q4 which saw less movies ready to be released and postponements also due to an absence of stars available to promote finished projects. ... We expect to see renewed momentum in Cineplex shares later in H1 this year." The Globe reported on April 25 that RBC analyst Drew McReynolds rated Cineplex "outperform." It was then worth $8.83. The Globe reported on Sept. 28 and Nov. 24 that Mr. Shine continued to rank Cineplex "outperform." The shares could then be had for $8.87 and $8.35.