The Globe and Mail reports in its Tuesday, Aug. 12, edition that ATB Capital Markets analyst Chris Murray has upgraded Mainstreet Equity to "outperform" from "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Murray gave his share target a $10 boost to $235. Analysts on average target the shares at $242.50. Mr. Murray says in a note: "Mainstreet Equity reported another impressive quarter, with strong rental rates, easing cost pressures and increased stabilized unit base offsetting the impact of normalizing vacancy levels and lower M&A. Acquisition activity improved in Q3/FY25 with Mainstreet adding 183 doors, with an additional 87 acquired post-quarter. We expect significant liquidity and increasing levels of uncertainty to support a reacceleration in inorganic growth over the near to medium term, with improving margin trends, mark-to-market adjustments and higher stabilization rates supportive of the growth outlook. ... With relative and absolute valuations moderating in 2025, we see better value in Mainstreet and view the potential for easing monetary policy in H2/25 as a near-term catalyst." The ATB stockpicker believes Mainstreet is "ready to play offence."