The Globe and Mail reports in its Tuesday, May 13, edition that National Bank Financial analyst Vishal Shreedhar is keeping his "sector perform" call on Lassonde Industries intact. The Globe's David Leeder writes in the Eye On Equities that Mr. Shreedhar advanced his share target by $8 to $231. Analysts on average target the shares at $252.75. Mr. Shreedhar says in a note: "We consider Lassonde Industries to be a company with turnaround potential, predominantly within the U.S. operations. We acknowledge that recent operational performance has been encouraging. Notwithstanding, heightened capex and an uncertain macroeconomic backdrop are key considerations." The Globe reported on June 25, Oct. 11 and March 13 that Mr. Shreedhar was sticking with his "outperform" recommendation for Lassonde Industries. The shares could then be had for $149.99, $175.36 and $186.07. The Globe reported on April 1 that Stifel analyst Martin Landry had reaffirmed his "buy" recommendation for Lassonde Industries. The shares could then be had for $210.79.
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