The Globe and Mail reports in its Thursday edition that analysts at National Bank Financial have reaffirmed their "outperform" call for Constellation Software. The Globe's David Leeder writes that the National Bank analysts boosted their share target by $900 to $4,300. Analysts on average target the shares at $3,418.13. While they do not expect the same degree of outperformance from Canadian technology stocks following a scorching 2023, National Bank analysts are projecting "still more upside" and see "an opportunity for a 'catch up' in small-mid cap name." National has named Constellation its large-cap pick for 2024. National analyst Richard Tse says in a note: "If you've been following our research, you'd know we've been calling for more potential spinoffs for Constellation given successful spinoffs of Topicus and more recently the Lumine Group. We estimate Topicus and the Lumine Group have added approximately $1.4-billion and approximately $2.3-billion in value to Constellation since they began trading as separate publicly traded companies. ... We estimate Constellation's pace of capital deployment exiting 2023 was 5 per cent ahead of consensus expectations. That outsized rate should fuel upside to growth."