The Globe and Mail reports in its Thursday, May 18, edition that Eight Capital analyst Christian Sgro has an unchanged "buy" call on Quisitive Technology Solutions. The Globe's David Leeder writes that Mr. Sgro gave his share target a 20-cent trim to $1.50. Analysts on average target the shares at $1.37. As displayed by its stronger-than-anticipated first quarter results, Mr. Sgro says Quisitive is "executing against [a] slowing macro." Mr. Sgro says in a note: "Quisitive reported Q1/23 results ahead of consensus, however, echoed commentary from peers related to a less clear operating environment and delays in purchasing decisions. From a more conservative base in Q1/23, we see the cloud segment improving sequentially as delayed engagements move forward and higher touch opportunities help score more complex deals. The payments business drove growth, while PayiQ's commercialization timelines remain unchanged. We see Quisitive as pushing through a tough macro with stable performance, with the June investor day being the next key touchpoint." The analyst is now projecting flat revenue in the second quarter "as the Cloud segment builds sequentially and the payments segment normalizes from Q1 outperformance."