The Globe and Mail reports in its Friday edition that RBC Dominion Securities analyst Paul Treiber has reaffirmed his "outperform' recommendation for Descartes Systems Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Treiber gave his share target a $5 boost to $100 (all figures U.S.). Analysts on average target the shares at $85.13. Mr. Treiber notes that the company posted "solid" second quarter result. He says Descartes is "well positioned, with resilient organic growth and potential upside through M&A." Mr. Treiber says in a note: "Q2 constant currency organic growth was 6 per cent, above the 5 per cent in our model. Excluding PS/license/hardware, core services organic growth was 9 per cent, similar to last quarter and is effectively decoupled from freight volumes (e.g. U.S. import volumes down 15 per cent year-over-year last three months). Baseline implies 8-per-cent organic growth Q3. As a result of a mix-shift to faster growing segments and solid cross-selling/up-selling, Descartes has moved from sustaining mid-single digits organic growth to high singles. Following Q2, we are increasing our organic growth estimates to 7.5 per cent FY25e, up from 5 per cent previously."