The Globe and Mail reports in its Wednesday, May 17, edition that BMO Capital Markets analyst Rachel Walsh lowered her recommendation for Carbon Streaming to "market perform" from "outperform." The Globe's David Leeder writes in the Eye On Equities column that Ms. Walsh shaved her share target back by 75 cents to $2.25. Analysts on average target the shares at $4.75. Ms. Walsh says in a note: "With continued price weakness in the voluntary carbon market, we have lowered our price expectations across several of the company's streams. As a result, the majority of the company's cash balance will be required to cover existing agreements and G&A. We estimate that Carbon Streaming will be unable to bring in additional material stream agreements until market conditions improve substantially. Carbon Streaming remains one of the few ways to gain exposure to potential growth and price appreciation in the voluntary carbon market which we anticipate will be substantial. We expect the company to have significant revenue growth. If market conditions improve the company could have several potential upcoming catalysts, which we believe will be positively received."