The Globe and Mail reports in its Wednesday edition that CIBC World Markets analyst Krista Friesen slashed her share target for Exchange Income by $6.50 to $58. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $63.60. Ms. Friesen says in a note: "Exchange Income reported an essentially in-line Q3; however, the stock was down nearly 5 per cent on the back of weaker-than-expected 2024 guidance. We suspect that we and the Street were mismodelling some of the contributions from new contracts within aerospace and aviation, as well as contribution from Northern Mat. Having adjusted our model to better reflect the timing of contracts and the contributions from recent acquisitions, we maintain our 'outperformer' rating and lower our price target." The Globe reported on April 16, 2022, that Ms. Friesen assumed coverage of Exchange Income with a "neutral" rating. The shares could then be had for $41.97. The Globe reported on Oct. 6, 2023, that RBC kept Exchange Income at "outperform." It was then worth $45. The Globe reported on Nov. 2, 2023, that TD analyst Tim James had reiterated his "buy" call for Exchange Income. The shares could then be had for $42.96.