The Globe and Mail reports in its Tuesday, Nov. 7, edition that RBC Capital analyst Tom Callaghan is keeping his "sector perform" recommendation for Melcor REIT intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Callaghan cut his unit target back by a loonie to $4.50. Analysts on average target the units at $4.88. Mr. Callaghan says in a note: "Melcor REIT delivered solid third quarter results which were broadly in line with our outlook. Positively, the REIT's NOI is holding steady despite the difficult operating environment. That said, elevated leverage and interest rate impacts continue to bite into FFO. Looking ahead, we see execution of planned non-core dispositions as a key priority aimed at providing incremental financial flexibility." The Globe reported on July 30, 2021, that BMO Capital analyst Jenny Ma had decided to stick with her "market perform" ranking for Melcor REIT when the units could be had for $6.91. The Globe reported on July 29, 2022, that CIBC World Markets analyst Sumayya Syed had reaffirmed her "neutral" ranking for Melcor REIT. The units were then going for $6.45, which is $2.41 ahead of Monday's closing price of $4.04.