The Globe and Mail reports in its Tuesday, Feb. 24, edition that ATB Cormark Capital Markets analyst Stefan Ioannou has reaffirmed his "outperform" recommendation for Hudbay Minerals. The Globe's David Leeder writes in the Eye On Equities column that Mr. Ioannou's share target soared $11.50 to $37.50. Analysts on average target the shares at $38.26. Mr. Ioannou says in a note: "Q4/25A CFPS of 85 U.S. cents ($337-million (U.S.)) beat analyst consensus at 74 U.S. cents and our 82-cent estimate. The strong (record financial) performance, on the back of previously released production results, largely reflects higher-than-expected realized copper pricing. This year's H2-weighted outlook stands to set the stage for a strong production profile going forward, further bolstered by significant organic growth potential -- namely Hudbay's advanced-stage Copper World project in Arizona." The Globe reported on Nov. 18 that RBC Capital analyst Sam Crittenden had reaffirmed his "outperform" recommendation for Hudbay Minerals. The shares could then be had for $21.14. The Globe reported on Feb. 12 that Citi analyst Alexander Hacking continued to rate Hudbay Minerals "buy." It was then worth $35.86.