The Globe and Mail reports in its Tuesday, Nov. 11, edition that Stifel analyst Martin Landry is keeping his "buy" call on Lassonde Industries intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Landry gave his share target a $10 boost to $265. Analysts on average target the shares at $268. Mr. Landry thinks the outlook for Lassonde Industries is "bright with the new production facility in New Jersey set to open in 2027 and expected to drive margin expansion with efficient production." Mr. Landry says in a note, "Hence, we feel investors should revisit Lassonde given its appealing valuation of more than 10 times forward earnings." Lassonde Industries reported quarterly revenue of $724-million, up 8.3 per cent year-over-year and up 4.8 per cent organically, when excluding currency fluctuations and the contribution from the acquisitions. That result fell in line with the expectations of both Mr. Landry and the Street. Mr. Landry notes that Lassonde Industries' management has "executed very well in recent years conducting a significant earnings recovery that saw trailing twelve months EPS double in less than three years." Mr. Landry says he sees an "appealing" valuation at Lassonde Industries.