The Globe and Mail reports in its Friday, April 17, edition that BMO Capital analyst Michael Goldie has reaffirmed his "market perform" recommendation for Exchange Income. The Globe's David Leeder writes in the Eye On Equities column that Mr. Goldie jacked his share target up by $11 to $111. Analysts on average target the shares at $121.36. Mr. Goldie says in a note: "We see limited impact from the macro backdrop of higher energy prices on the current earnings outlook. While there is some potential risk in aircraft sales and leasing, we believe the Strait would need to be closed for longer and customer flight activity decline. ... More broadly, we expect the geopolitical climate to only further existing trends of increased global defence spending, buoying the outlook for aerospace operations." The Globe reported on July 16 that Mr. Goldie rated Exchange Income "market perform" in new coverage. The shares were then going for $65.94. The Globe reported on March 10 that Scotia Capital analyst Konark Gupta had reaffirmed his "sector outperform" recommendation for Exchange Income. The shares could then be had for $99.62.