The Globe and Mail reports in its Tuesday edition that National Bank Financial analyst Vishal Shreedhar continues to rate Canadian Tire "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Shreedhar gave his share target a $2 trim to $144. Analysts on average target the shares at $153.20. Canadian Tire reports its first quarter results on May 9. Mr. Shreedhar is anticipating "soft" revenue, reflecting "tepid consumer demand." Mr. Shreedhar says in a note: "We expect a disconnect between Canadian Tire sales and revenue, in part reflecting tepid replenishment due to incrementally higher dealer caution (draw down existing spring/summer inventory). Recall that approximately 60 per cent of Canadian Tire's spring business is classified as discretionary; management indicated expectations for meaningful difference in performance between essential and discretionary. ... We expect financial segment results to be pressured, reflecting labour market softening and incrementally deteriorating aging rates at Glacier Credit Card Trust." The Globe reported on Feb. 16 that Desjardins analyst Chris Li had reaffirmed his "buy" recommendation for Canadian Tire. The shares could then be had for $140.01.