The Globe and Mail reports in its Thursday, Feb. 12, edition that TD Cowen analyst Mario Mendonca has reiterated his "buy" recommendation for Intact Financial. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mendonca gave his share target an $8 boost to $354. Analysts on average target the shares at $343.89. Mr. Mendonca says in a note: "Intact Financial beat our estimate and consensus by 17 to 18 per cent. Q4/25 op. EPS $5.50 (up 12 per cent year-over-year) vs. our $4.65 (consensus $4.70). The beat relative to our estimate and consensus reflected lower CAT losses, higher PYD and slightly strong earned premiums. The underlying loss ratio declined slightly year-over-year suggesting no deterioration in core profitability. Solid underlying results and defensive nature support 'buy.'" The Globe reported on Feb. 13, 2025, April 22, 2025, and Jan. 16, 2026, that Mr. Mendonca had reiterated his "buy" recommendation for Intact Financial. Intact shares were then going for $290.27, $296.20 and $270.37.