The Globe and Mail reports in its Tuesday, Jan. 20, edition that TD Cowen analyst Tim James continues to rank Exchange Income "buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. James's share target soared $10 to $102. Analysts on average target the shares at $94.43. Mr. James says in a note: "We view recent share price strength and valuation multiple expansion as sustainable. Comp multiples are up more than Exchange since December, 2024. Exchange continues to secure new revenue sources while domestic and global industry conditions bode well for future government service-related opportunities. We view the operating companies as relatively resilient to unexpected economic or trade shocks." The Globe reported on Aug. 13, 2024, that ATB Capital Markets analyst Chris Murray had reaffirmed his "outperform" recommendation for Exchange Income. The shares could then be had for $46.75. The Globe reported on Oct. 24, 2024, that Mr. James continued to rate Exchange income "buy." It was then worth $55.08. The Globe reported on Jan. 9, 2025, that Raymond James analyst Steve Hansen had reaffirmed his "strong buy" recommendation for Exchange Income. It was then worth $88.71.