The Globe and Mail reports in its Friday, Jan. 16, edition that National Bank Financial analyst Zachary Evershed, in response to Richelieu Hardware's Thursday release of in-line fourth quarter results, boosted his share target to $41 from $40.50, acknowledging a "softer" margin guidance but still seeing a "positive" trajectory for the Montreal-based company. The Globe's David Leeder writes in the Eye On Equities column that Mr. Evershed says in a note: "Though Q4/25 sales to retailers were down in Canada due to a large customer not placing a typical seasonal order, the effects should not bear any impact on quarters ahead. Q1/26 thus far is tracking flat on the retailers side, in line with commentary from large, publicly traded renovation stores. On the other hand, sales to manufacturers (approximately 90 per cent of sales) are trending in the mid-single digits range organically, with a little more strength in the U.S. vs. Canada. Looking beyond Q1, the sales from a large U.S. customer previously lost in mid-2024 have now been recaptured and will begin contributing starting in Q3/26e to the tune of $10-million to $12 million in annual sales to retailers."