The Globe and Mail reports in its Saturday, April 22, edition that Canaccord Genuity analyst John Bereznicki is expecting "generally steady" quarterly results from Canadian pipeline and energy infrastructure companies "despite a volatile fundamental backdrop." The Globe's David Leeder writes in the Eye On Equities column that Mr. Bereznicki downgraded Keyera to "hold" from "buy" in response to its outsized gain thus far in 2023 ahead of the May 9 release of its results. Mr. Bereznicki continues to target the shares at $34. Analysts on average target the shares at $34.86. Mr. Bereznicki says in a note: "We believe the company's gathering and processing segment continued to benefit from strong northern asset growth with increased Pipestone and Wapiti volumes in the quarter. In our view, Keyera's transportation and terminal operations also enjoyed seasonal tailwinds in Q1/23 and expect a modest contribution from the recently commissioned Cheecham sulphur forming facility. We anticipate strong iso-octane volume demand benefited Keyera's marketing segment (KMS) in the first quarter, driving sequential margin growth. We also expect Keyera to issue full-year KMS guidance with its Q1/23 results."