The Globe and Mail reports in its Thursday, May 4, edition that Scotia Capital analyst Ovais Habib has reaffirmed his "sector outperform" recommendation for Osisko Mining. The Globe's David Leeder writes in the Eye On Equities column that Mr. Habib gave his share target a 25-cent trim to $4.25. Analysts on average target the shares at $5.56. Mr. Habib tweaked his share target following news of Osisko's joint venture with South Africa's Gold Fields to develop the Windfall gold mining project. Mr. Habib says in a note: "We believe this deal puts Osisko in a position where it is fully funded to reach the production stage with reduced development risk by bringing in a sophisticated operator as partner. In retaining a 50-per-cent interest in the project, Osisko will maintain its exploration upside to the high-grade deposit and could use the new liquidity to invest in its other development projects in the Abitibi region once Windfall construction is complete. All things considered, we view the deal as mixed for Osisko shares as the deal provides the liquidity needed to fully fund Windfall development, derisking the project; however, following model updates our price target falls."