The Globe and Mail reports in its Friday, Nov. 3, edition that RBC Capital analyst Greg Pardy has reaffirmed his "outperform" recommendation for Canadian Natural Resources. The Globe's David Leeder writes in the Eye On Equities column that Mr. Pardy's share target edged ahead by a loonie to $96. Analysts on average target the shares at $98.43. Mr. Pardy says in a note: "Our bullish stance toward Canadian Natural continues to reflect its strong leadership team, shareholder alignment, long life-low decline portfolio, abundant free cash flow generation, robust balance sheet and best-in-class operating performance. We are reaffirming an 'outperform' recommendation on Canadian Natural and boosting our one-year price target. ... Canadian Natural is our favourite senior producer and is on both our Global Energy Best Ideas and Top 30 Global Ideas lists." The Globe reported on Aug. 4 that National Bank Financial analyst Travis Wood cut Canadian Natural to "sector perform" from "outperform." The shares were then worth $81.51. The Globe reported on Sept. 19 that Mr. Pardy rated Canadian Natural "outperform." His share target had soared ahead by $8 to $90 when the shares were trading at $85.94.