The Globe and Mail reports in its Friday, March 8, edition that RBC Capital analyst Tom Callaghan has reiterated his "sector perform" call for Melcor REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Callaghan gave his unit target a $1.25 trim to $3.25, matching the consensus. Mr. Callaghan says in a note: "Melcor REIT delivered fourth quarter results which were broadly in line with our outlook. While interest costs and elevated leverage continue to weigh on financial results, the REIT delivered a steady year on the operating front. Looking ahead, we see the announced strategic review as a step toward bridging the underlying valuation gap, though limited visibility on the outcome renders our Sector Perform recommendation unchanged." 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. The Globe reported on Nov. 7, 2023, that Mr. Callaghan was keeping his "sector perform" recommendation for Melcor REIT intact. The units could then be had for $4.02.