The Globe and Mail reports in its Friday edition that Scotia Capital analyst Jonathan Goldman is sticking with his "sector outperform" call for Linamar. The Globe's David Leeder writes that Mr. Goldman gave his share target a $3 boost to $85. Analysts on average target the shares at $82.50. Mr. Goldman says in a note: "EBIT beat by 16 per cent and 2024 guidance -- which calls for double-digit revenue and earnings growth (including EV headwinds) -- was in line with the Street. Given peer guidance missed by 4 per cent and 13 per cent, and investor concerns around Linamar Mobility margins, we think the results will be viewed as better-than-feared, and likely better-than-hoped. Mobility margins improved 40 basis points quarter-over-quarter (peers were down), and FX headwinds likely obfuscated the true underlying improvement in the business (guidance calls for margin expansion this year). The Industrial outlook calls for double-digit revenue growth -- we think that's reasonable despite the challenged outlook in Ag given Bourgault alone should contribute 15-per-cent growth and Skyjack backlog is above historical levels. Capex guidance is now expected to be at the low-end of the normal range (6 per cent to 8 per cent)."