The Globe and Mail reports in its Wednesday, Dec. 10, edition that RBC Dominion Securities analyst Irene Nattel is sticking with her "outperform" recommendation for Loblaw. The Globe's David Leeder writes that Ms. Nattel continues to target the shares at $68. Analysts on average target the shares at $65.16. Ms. Nattel expressed her preference for "large-cap, quality growth over deep value, with our best large-cap ideas positioned to capitalize on value-oriented consumer spending trends and gain share of wallet." Ms. Nattel says her "positioning" from an investing perspective heading into the new year is "broadly consistent the dominant post-pandemic theme: against the backdrop of muted and value-oriented consumer spending, our primary focus remains on secular winners with sustainable, ratable growth, and sector-leading ROIC." Ms. Nattel says in a note: "Our best idea overall: As a dominant Canadian retailer and clear leader in food, notably private label and the discount channel, and with a leadership position in pharmacy from which to leverage expanding scope of service, in our view, Loblaw is exceptionally well-positioned to capitalize on current and evolving trends in consumer spending and demographics."