The Globe and Mail reports in its Friday, Sept. 1, edition that iA Capital Markets analyst Amr Ezzat rates Calian Group "buy" in new coverage. The Globe's David Leeder writes that Mr. Ezzat set a share target of $75. Analysts on average target the shares at $77.33. Mr. Ezzat believes a "golden opportunity awaits with small cap Canadian tech equities," declaring "the terrain hasn't been this fertile in 15 years." Mr. Ezzat says in a note: "Small cap Canadian tech equities are trading at an unprecedented discount to larger cap Canadian and U.S. tech counterparts. ... Within Canadian tech, small cap peers are trading at an 59-per-cent discount versus large cap counterparts. So why now? We argue that current market conditions create a rare opportunity for outsized returns. We also argue that small doesn't have to be a bad word. In a 'flight to safety' attempt, investors indiscriminately shunned small cap stocks (both quality operators and speculative ones), creating a unique opportunity to go cherry-picking for quality at a steep discount. Safe havens do in fact exist within the small cap tech universe, with some small cap stocks providing better safety and more quality at much more attractive valuation levels."