The Globe and Mail reports in its Tuesday, July 18, edition that TD Cowen analyst Graham Ryding has reaffirmed his "buy" recommendation for EQB. The Globe's Darcy Keith writes that Mr. Ryding raised his share target by a loonie to $88. Analysts on average target the shares at $86.88. EQB posts second quarter results on Aug. 1. Mr. Ryding is forecasting EQB to see earnings per share of $2.55 in the quarter, a little below consensus of $2.59. However, he sees 2023 EPS at $10.55, which is at the high end of guidance and implies 15 per cent year over year growth. Mr. Ryding says in a note: "Net interest margin has been stronger than expected in recent quarters and is in part driving our constructive EPS growth forecast for 2023. EQB looks well-positioned from a funding and liquidity perspective. Loan growth is expected to be muted in 2023. ... Credit trends are expected to continue to normalize, in our view." The Globe reported on March 8 that Scotia Capital Meny Grauman rated EQB "sector outperform." It was then worth $62.40. The Globe reported on May 4 that RBC Dominion Securities analyst Geoffrey Kwan was keeping his "outperform" call on EQB intact. The shares could then be had for $61.41.