The Globe and Mail reports in its Friday, Feb. 27, edition that Ventum Capital Markets analyst Amr Ezzat has reaffirmed his "buy" call for Exchange Income. The Globe's David Leeder writes in the Eye On Equities column that Mr. Ezzat's share target advanced $25 to $135. Analysts on average target the shares at $104.57. Mr. Ezzat says in a note: "First, management reinforced that 2026 guidance remains grounded in contracted wins and funded investments, with the new bias to the mid-to-upper end explicitly tied to the Mach2 acquisition and the expanded Air Canada agreement. Second, the call materially broadened the defence and nation-building narrative beyond aerospace and aviation. Management was clear that sovereign priorities are increasingly portfolio-wide, with manufacturing positioned to participate through northern logistics, tower and radar infrastructure, precision components for defence and space, and enabling infrastructure tied to critical minerals and transmission build-out. ... Defence and sovereign themes are now being positioned as portfolio-wide, not segment-specific." The Globe reported on Sept. 17 that Mr. Ezzat kept his "buy" call on Exchange Income intact. It was then worth $70.85.