The Globe and Mail reports in its Tuesday, Nov. 7, edition that Scotia Capital Orest Wowkodaw has reaffirmed his "sector perform" recommendation for Ero Copper. The Globe's David Leeder writes in the Eye On Equities column that Mr. Wowkodaw cut his share target back by $3 to $24. Analysts on average target the shares at $26.18. Mr. Wowkodaw says in a note: "Ero Copper reported relatively mixed Q3/23 results. Although 2023 Cu production guidance was reaffirmed, opex and capex guidance were increased. On a positive note, both major growth initiatives appear to be advancing in line with expectations (on time and on budget). Overall, given the higher opex/capex guidance in the context of a weaker Cu price environment, we view the update as negative for the shares." The Globe reported on Jan. 20, Feb. 14, March 10 and Oct. 18 that National Bank Financial analyst Shane Nagle had reaffirmed his "sector perform" recommendation for Ero Copper when it could be had for $21.47, $20.82, 23.31 and $19.91. The Globe reported on Sept. 1 that Mr. Wowkodaw downgraded Ero Copper to "sector perform" from "sector outperform." Mr. Wowkodaw said he saw a "less favourable risk/reward outlook" at Ero Copper. It was then worth $27.69.