The Globe and Mail reports in its Tuesday, Nov. 14, edition that RBC Capital analyst Pammi Bir has reaffirmed his "outperform" recommendation for Granite REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bir gave his share target a $2 trim to $86. Analysts on average target the shares at $87.50. Mr. Bir says in a note: "Notwithstanding Granite REIT's in line results, we believe U.S. occupancy slippage is weighing on investor sentiment. From our lens, however, Granite REIT continues to screen well in a 'higher for longer' world. Indeed, a sizable leasing pipeline, attractive leasing spreads, and slowing new construction starts should set up 2024 for stronger operating traction. As well, the balance sheet is in solid form with below average leverage and near-term debt maturities addressed. Bottom line, we see an attractive spot to build positions." The Globe reported on Aug. 15 that Mr. Bir continued to rate Granite REIT "sector outperform." The shares could then be had for $73.52. The Globe reported on July 23 and Oct. 20 that Scotia Capital analyst Himanshu Gupta had rated Granite REIT "sector perform" and "sector outperform." The units could then be had for $80.22 and $67.22.