The Globe and Mail reports in its Friday, April 5, edition that Stifel analyst Martin Landry has reaffirmed his "hold" recommendation for Dollarama. The Globe's David Leeder writes in the Eye On Equities column that Mr. Landry gave his share target a $10 boost to $110. Analysts on average target the shares at $112.75. After concluding an "exceptional" fiscal year with strong fourth quarter 2024 financial results, Mr. Landry is optimistic about Dollarama's future, expecting further market share gains. He sees the company's guidance as front-end loaded and conservative. However, The Globe says Mr. Landry continues to wait for a "better entry point" from an investing perspective. The Stifel stockpicker says in a note: "In our view, at 24.5 times forward earnings, roughly one standard deviation above its five-year average, there is a low likelihood of further valuation expansion from current levels. We also see limited upside to our forecasts, and thus we believe Dollarama's shares could be range-bound in the short-term. ... Dollarama reported impressive Q4FY24 results with EPS increasing 26 per cent year-over-year, higher than both our expectations for a growth of 15 per cent and consensus of 17 per cent."