The Globe and Mail reports in its Friday, Jan. 5, edition that in response to Thursday's announcement of the dismissal of chief executive officer Sebastien de Montessus, BMO Capital analyst Raj Ray cut his Endeavour Mining share target to $34 from $38, while keeping an "outperform" recommendation. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $40.97. Mr. Ray says in a note: "We do not anticipate any operational or financial impact at this point. From an ESG perspective, while we acknowledge the prompt action taken by the board, we believe [Thursday's] announcement could impact the company's ESG credentials." The Globe reported on April 26 that Canaccord rated Endeavour "buy." It was then worth $35.09. The Globe reported on July 21 and Oct. 24 that National Bank rated Endeavour "outperform." It was then worth $32.89 and $29.20.