The Globe and Mail reports in its Tuesday edition that Scotia Capital's George Doumet cut his share target for Dentalcorp Holdings to $8 from $8.50 with a "sector outperform" call. The Globe's David Leeder writes that analysts on average target Dentalcorp Holdings shares at $9.93. Mr. Doumet says in a note: "Q4 results and 2024 guidance was largely in-line with our/street expectations. That said, largely due to a strong lap (record volumes from a rebound from a heavy flu season), Q1 guidance was soft, with midpoint top-line growth of 5 per cent (street was at 9 per cent). We would be buyers on weakness. Shares are trading at nine times/eight times EBITDA on our 24/25 estimates. FCF is improving, and we see a path to transfer 0.5 times turn of debt to equity holders per year. Furthermore, we believe we can see upside to the company's trading multiple under a soft landing scenario. Dentalcorp shares are trading at a 50-per-cent discount to U.S. consolidators/practice aggregators peers and 15-per-cent discount to Canadian noncyclical roll-up peers." The Globe reported on Jan. 5 that Mr. Doumet rated Dentalcorp "sector outperform." He said he saw "significant upside" at Dentalcorp, which was then worth $7.08.