The Globe and Mail reports in its Thursday, Nov. 2, edition that RBC Dominion Securities analyst Irene Nattel has reaffirmed her "outperform" recommendation for Canadian Tire. The Globe's David Leeder writes in the Eye On Equities column that Ms. Nattel trimmed her share target by $3 to $205. Analysts on average target the shares at $178.60. Ms. Nattel thinks Canadian Tire's valuation "appears attractive," however, she expects investor sentiment to "remain tepid until visibility improves, and results of strategic process become more clear." She lowered her financial expectations ahead of the release of Canadian Tire's third quarter results on Nov. 9 and after Tuesday's announcement that it has bought back a minority interest in its financial services division from Bank of Nova Scotia. Ms. Nattel says in a note: "Forecasting solid sales of essentials and value offerings, consistent with latest RBC Consumer Spending Tracker data indicating slower growth through September, slippage in discretionary goods and services, and expectation of lower real consumption in H2. ... Forecasts also assume stable ECL sequentially, although rising household debt servicing ratios could cause management to review."