The Globe and Mail reports in its Thursday, Feb. 12, edition that Raymond James analyst Steven Li has reaffirmed his "outperform" ranking for Computer Modelling Group. The Globe's David Leeder writes that Mr. Li gave his share target a $3 trim to $7. Analysts on average target the shares at $6.50. Mr. Li says in a note: "With Computer Modelling finalizing a multi-year software licensing agreement with Shell in November, we expect this contract will finally turn organic recurring revenue growth positive in upcoming F4Q26 (after multiple quarters of double-digit declines). For F2027, organic recurring revenue growth is also expected to be positive for the full year. However, model margins are tweaked lower with Computer Modelling expanding its M&A team to work on converting more of its full M&A pipeline." The Globe reported on June 18, 2024, that Mr. Li rated Computer Modelling "outperform" in new coverage. In the item Mr. Li said, "We believe Computer Modelling Group deserves to trade at a premium against some of its peers." The shares could then be had for $12.82. The Globe reported on Dec. 19, 2025, that National Bank had cut Computer Modelling to "sector perform" from "outperform." It was then worth $5.17.