The Globe and Mail reports in its Thursday, Jan. 25, edition that RBC Dominion Securities analysts Paul Treiber and Maxim Matushansky are expecting few surprises from fourth quarter 2023 earnings season in Canada's technology sector, predicting most companies in their coverage universe will report results that fall in line with the Street's expectations. The Globe's David Leeder writes that the RBC analysts have reaffirmed their "outperform" recommendation and $3,900 share target for Constellation Software. Analysts on average target the shares at $3,530.63. The RBC analysts say in a note: "Record capital deployed on acquisitions in 2023 likely to lift Constellation's Q4 and 2024 growth. Constellation is likely to report healthy Q4 results, with adj. EBITDA up 32 per cent year-over-year on organic margin expansion and contribution from Empower/Optimal Blue. While Q4 M&A may be slightly light vs. our model, 2024 is off to a strong start, with over $600-million capital deployed in Q1 to date. ... While Constellation's valuation multiple has increased, we believe the stock is likely to sustain a historically high valuation, as we see Constellation continuing to compound capital at high rates."