The Globe and Mail reports in its Wednesday, Nov. 15, edition that RBC Capital Markets analyst Pammi Bir is keeping his "sector perform" recommendation for Choice Properties REIT intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bir lowered his share target to $15 from $16. Analysts on average target the shares at $14.67. Mr. Bir says in a note: "Following another in line print, we see Choice Properties as well-positioned for an economy shifting to lower gear. The portfolio continues to register strong operating metrics, underpinned by its defensive, grocery anchored retail, while significantly below market rents should continue to support solid NOI upside in industrial. Developments are also progressing well at healthy yields. While higher rates are creating some headwinds, we still see a steady, durable earnings picture." The Globe reported on Feb. 22 and March 25 that Mr. Bir continued to rank Choice Properties "sector perform." It was then worth $14.75 and $14.09. The Globe reported on July 25 and Oct. 5 that Desjardins Securities analyst Lorne Kalmar rated Choice Properties "buy" when it could be had for $14.06 and $12.51.