The Globe and Mail reports in its Thursday, April 24, edition that Desjardins Securities analyst Gary Ho, ahead of goeasy's quarterly release, has cut his share target to $210 from $220 with an unchanged "buy" recommendation. The Globe's David Leeder writes that analysts on average target the shares at $230.10. Mr. Ho says in a note: "We have revised our Q1 adjusted EPS forecast downward in light of the uncertain macro outlook negatively impacting forward-looking indicators (FLIs), which tends to increase ACL provisions. However, we anticipate that NCO trends should improve modestly sequentially. The buyback pace year-to-date ($90-million-plus) gives us confidence in goeasy's medium- to long-term outlook. Our investment thesis is predicated on goeasy's: (1) ability to manage in the current challenging macro environment through its robust credit underwriting platform, supported by its creditor insurance program; (2) solid loan book growth, particularly in secured products; (3) credible management team; and (4) business has consistently generated a 20-per-cent-plus ROE." The Globe reported on Jan. 29 that Mr. Ho had reaffirmed his "buy" recommendation for goeasy. The shares could then be had for $182.98.