The Globe and Mail reports in its Thursday, Nov. 16, edition that RBC Capital analyst Luke Davis is sticking with his "outperform" recommendation for Parkland. The Globe's David Leeder writes that Mr. Davis elevated his share target by a loonie to $54. Analysts on average target the shares at $50.31. Mr. Davis says in a note: "We attended Parkland's 2023 investor day in Toronto where management outlined an updated five-year outlook, key strategic priorities, and a prescriptive capital allocation framework. In our view, the team did a good job underscoring historical execution, the benefits of an integrated and nimble supply network, and continued tailwinds from years of investment in key geographies. While we expect a near-term focus on leverage reduction, management re-opened the door for M&A, which likely remains a key facet of the long-term business model." The Globe reported on Oct. 20 that Desjardins analyst Chris Li had reaffirmed his "buy" recommendation for Parkland. The shares were then going for $41.27. The Globe reported on Nov. 3 that Scotia Capital analyst Ben Isaacson was sticking with his "sector outperform" recommendation for Parkland. The shares could then be had for $42.16.