The Globe and Mail reports in its Thursday, March 12, edition that CIBC analyst Christopher Thompson has elevated his recommendation for Logan Energy to "outperformer" from "neutral." The Globe's David Leeder writes in the Eye On Equities column that Mr. Thompson gave his share target a 20-cent boost to $1.15. Analysts on average target the shares at $1.16. Mr. Thompson says in a note: "Overall, an accretive and complementary expansion of its core interests in support of its long-range plan; critical to investors, its assets and planned investments stand to drive substantial value creation (20-25-per-cent PPS growth with magnified CFPS expansion through the outlook) that is not priced in its valuation, currently trading at a 21-per-cent discount to peers and the significance of which cannot be understated relative to a landscape that is increasingly noting scarcity of resource! [Our target price] is now based on a 5.5 times 2027 EV/DACF [enterprise value to debt-adjusted cash flow] target multiple (from prior 2026/2027 blended target on same multiple). That implied 65-per-cent upside stands as one of the most significant opportunities in the sector."