The Globe and Mail reports in its Friday, June 13, edition that CIBC World Markets analyst Ty Collins has reaffirmed his "outperformer" recommendation for North West Company. The Globe's Tim Shufelt writes in the Eye On Equities column that Mr. Collins tweaked his share target down by a loonie to $59. Mr. Collins says several temporary pressures, like Canadian wildfires, are overshadowing what has been strong execution for North West. It reported first quarter results on Tuesday, showing progress across key initiatives around labour efficiency and inventory management. Wildfires and evacuations, however, are heavily weighing on sales in affected communities, which account for about 10 per cent of North West's footprint. Mr. Collins says, "While the near-term outlook is noisy, we see this as a lull ahead of more material upcoming catalysts, and view the weakness in shares as a buying opportunity ahead of this." One of those catalysts is the $23-billion settlement approved in Federal Court in 2023 to compensate more than 300,000 first nations children and their families over underfunding of on-reserve child-welfare services. Claims for the settlement, which could provide $40,000 per person, opened in March.