The Globe and Mail reports in its Tuesday edition that CIBC World Markets analyst Krista Friesen has reaffirmed her "outperformer" recommendation for Exchange Income. The Globe's David Leeder writes in the Eye On Equities column that Ms. Friesen gave her share target a $3 boost to $62. Analysts on average target the shares at $63.91. Ms. Friesen says in a note: "With Q1 results we expect the company to provide an update on its M&A pipeline as well as commentary around its two most recent acquisitions (BVGlazing, which has yet to close, and Hansen Industries). We have tweaked our estimates to better reflect the seasonality of Exchange Income's growing business." The Globe reported on Feb. 24 that iA Capital Markets analyst Matthew Weekes was sticking with his "buy" recommendation on Exchange Income. Mr. Weekes said he expected "strong" near-term growth. The shares could then be had for $50.86. The Globe reported on March 28 that Scotia Capital analyst Konark Gupta had reaffirmed his "sector outperform" recommendation for Exchange Income, which could then be had for $52.90. The Globe reported on April 26 that National Bank's Cameron Doerksen rated the shares, which were then worth $52.90, "outperform."