The Globe and Mail reports in its Friday, Oct. 10, edition that CIBC World Markets analyst Robert Catellier has reaffirmed his "outperformer" recommendation for Keyera. The Globe's David Leeder writes in the Eye On Equities column that Mr. Catellier boosted his share target by a loonie to $57. Analysts on average target the shares at $51.31. Mr. Catellier says in a note: "We are modifying our price targets to reflect a lower market risk premium in our discounted cash flow models of 6 per cent (vs. 6.8 per cent previously), while also modifying for a lower risk-free rate of 4.25 per cent (vs. 4.5 per cent previously). The result is an increase to price targets. Despite the increased price targets, recent share price gains have compressed returns to target on most names, notably the large caps." The Globe reported on Feb. 14 that Mr. Catellier had boosted Keyera to "outperformer" from "neutral." The shares could then be had for $42.05. The Globe reported on April 25 that Mr. Catellier continued to rate Keyera "outperform." It was then worth $42.44. The Globe reported on July 4 that Citi analyst Spiro Dounis had reaffirmed his "buy" recommendation for Keyera, which was then going for $42.75.