The Globe and Mail reports in its Tuesday, July 29, edition that TD Cowen analyst Brian Morrison is keeping his "buy" recommendation for Canadian Tire intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Morrison's share target advanced by $20 to $201. Analysts on average target the Class A shares at $176.80. Mr. Morrison says in a note: "Shares of Canadian Tire have appreciated materially post the Q1/25 release due to an improving financial outlook, the closure of its sale of Helly Hansen, and its accretive allocation of those proceeds detailed by its True North strategy. We believe expectations are elevated coming into the Q2/25 release. We believe there are tailwinds to Canadian Tire's financial outlook, and significant upside to its current earnings profile over the mid-to-long term, supported by its initiatives within its True North strategy. We are taking this into account with our revised multiple/target price. We acknowledge that our return to target is now below our required 15-per-cent hurdle rate and will review our target/recommendation post the Q2/25 release." The Globe reported on July 17 that National Bank rated Canadian Tire "sector perform." It was then worth $265.50.