The Globe and Mail reports in its Wednesday, July 26, edition that CIBC World Markets analyst Nik Priebe has reaffirmed his "neutral" recommendation for Power Corp. of Canada. The Globe's David Leeder writes in the Eye On Equities column that Mr. Priebe hiked his share target by $2 to $39. Analysts on average target the shares at $40.38. Mr. Priebe says in a note: "We consider shares of Power Corp. of Canada to be a NAV growth story as opposed to an 'earnings-driven' stock. As always, we are less concerned with the prospect of an earnings miss or beat, and more focused on corporate development updates, the performance of Power's non-core portfolio holdings and changes to the corporate balance sheet and liquidity position." The Globe reported on Nov. 11 and March 18 that RBC Capital Markets analyst Geoffrey Kwan had reaffirmed his "sector perform" call when Power shares could be had for $33.43 and $34.43. The Globe reported on March 9 that Scotia Capital analyst Phil Hardie had reaffirmed his "sector perform" call on Power when it could be had for $36.99. The Globe reported on May 24 that Barclays analyst John Aiken was sticking with his "equal-weight" recommendation for Power when it could be had for $35.66.