The Globe and Mail reports in its Thursday, Oct. 19, edition that CIBC World Markets analyst Bryce Adams is sticking with his "neutral" recommendation for Largo. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bryce gave his share target a $1.75 trim to $8.25. Analysts on average target the shares at $10.56. Mr. Adams says in a note: "Largo reported Q3/23 production of 2,163 tons of V2O5 [vanadium pentoxide], below our expectations of 2,622 tons as production was impacted more than we had expected by a fatality at its processing facility, and crushing circuit availability impacted September operational results. Sales of 2,129 tons produced was slightly below our 2,300-ton estimate. Full-year production and cost guidance was reaffirmed. We expect a modest negative market reaction to the operational results. After model updates, we now estimate Q3/23 EPS of a loss of 10 cents and EBITDA of $2.1-million, compared to our previous estimates of a 5-cent loss and $7.1-million." The Globe reported on Feb. 8 that Noble Capital rated Largo "outperform" when it was worth $8.25. The Globe reported on Feb. 17 that RBC analyst Andrew Wong rated Largo "outperform." It was then worth $8.92.