The Globe and Mail reports in its Friday, March 6, edition that TD Cowen analyst Brian Morrison has reiterated his "buy" recommendation for Groupe Dynamite. The Globe's David Leeder writes that Mr. Morrison gave his share target a $3 boost to $100. Analysts on average target the shares at $192. Mr. Morrison is projecting Groupe Dynamite to more than double its earnings per share year-over-year when it reports its fourth quarter 2025 results later this month, believing "brand strength/pricing, new store openings/repositioning and e-commerce growth are driving outsized top line growth, and in turn operating leverage." Mr. Morrison says in a note: "We forecast this algorithm to continue, that we believe could lead to upside to the consensus Q4/F25 and F2026 outlook. This along with strong FCF generation continues to justify its premium valuation." Mr. Morrison says his confidence in Groupe Dynamite's ability to maintain its growth momentum has been reinforced by recent channel checks, credit card data and a increase to its full-year 2025 guidance in January. He is now estimating quarterly earnings per share of 68 cents, jumping from 33 cents a year ago and exceeding the consensus on the Street by three cents.