The Globe and Mail reports in its Thursday edition that Desjardins analyst Chris MacCulloch has reaffirmed his "buy" recommendation for Canadian Natural Resources. The Globe's David Leeder writes that Mr. MacCulloch tweaked his share target ahead by $5 to $108. Analysts on average target the shares at $99.02. Mr. MacCulloch says in a note: "Canadian Natural Resources will by all expectations remain the go-to name for generalist investors seeking exposure to Canadian energy. And why not? Renowned as an industry leader in operational efficiencies and strict capital discipline, the company is now staring down the twin prospect of a more than $100-billion market capitalization and a triple-digit stock price, underpinned by a diverse production base with decades of inventory and a heavy oil weighted production base poised to capitalize on narrowing WTI-WCS differentials when TMX comes online. While acknowledging that valuation remains rich by any measure, firmly positioned atop the Desjardins E&P coverage universe, it also remains one of the best-insulated investment opportunities for shareholders wary of commodity price risk. [It is] poised to begin returning 100 per cent of FCF to shareholders in early 2024."