The Globe and Mail reports in its Wednesday edition that Bank of Nova Scotia analyst Divya Goyal has elevated her recommendation for Softchoice to "sector outperform" from "sector perform," saying that the provider of IT solutions is "at a unique inflection point" and well positioned to capitalize on growth opportunities across its growing end markets. The Globe's Darcy Keith writes in the Eye On Equities column that Ms. Goyal adds that the company's cost optimization efforts and operating leverage will help drive further margin expansion. She raised her share target to $24 from $20. Analysts on average target the shares at $24.06. Softchoice recently reported third quarter results which came in above both Scotiabank's and the Street's expectations, primarily driven by robust momentum within the software and cloud and services segments, both of which saw double-digit year over year growth. Ms. Goyal notes that Softchoice's hardware business, which has been impacted by sectorwide doldrums, received a major uplift from a large purchase order within the enterprise channel. Additionally, the company benefited from its ongoing investments in salesforce and technical capabilities, which resulted in accelerated customer growth.