The Globe and Mail reports in its Tuesday edition that Scotia Capital analyst Maher Yaghi continues to rate Quebecor "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Yaghi lowered his share target by $2.50 to $35.50. Analysts on average target the shares at $38.42. The Globe says Mr. Yaghi believes wireless performance could be the "home run that turns things around" for Canadian telecommunications companies. Mr. Yaghi says in a note: "While we don't believe that Freedom has grown market share vs incumbents since relaunch, the growth in the underlying wireless market and recent increased activity specifically in Quebec are likely to lead to a positive surprise print on wireless loading at Quebecor. Another stock that is showing much improved valuations since our last update. We continue to view current capex spending levels as unsustainable long term. ... Valuations are starting to be low enough to offset the expected increase in capex longer term." The Globe reported on Oct. 20 that at CIBC World Markets analyst Stephanie Price rated Quebecor "outperformer." The shares could then be had for $27.68.