The Globe and Mail reports in its Tuesday, Sept. 19, edition that Stifel analyst Andrew Partheniou has reaffirmed his "buy" recommendation for High Tide. The Globe's David Leeder writes that Mr. Partheniou boosted his share target to a Street-low of $2.75 from $2.50. Analysts on average target the shares at $5.30. Mr. Partheniou says in a note: "HITI reported impressive Q3FY23 results that demonstrated positive FCF even after full CAPEX and its $2.4-million one-time benefit from the Manitoba SRF refund. This was achieved on an organic basis and despite difficult comps with SSSG sustaining an impressive momentum, suggesting a high quality print. With this achievement under HITI's belt, management initiated robust FY24 guidance, reigniting store growth both on an organic and M&A basis, albeit at a slower pace than historically in order to remain FCF positive on a sustaining CAPEX basis. In addition, with positive regulatory momentum occurring in the U.S. currently, management outlined a strategy focused on M&A to quickly establish a retail footprint should the gates open and the NASDAQ allow plant-touching entities. Overall, we see growth ahead for HITI in either scenario and maintain our positive bias."