The Globe and Mail reports in its Friday, Jan. 3, edition that ATB Capital Markets analyst Martin Toner views Softchoice as a stable business with growth potential, particularly in software and cloud. The Globe's David Leeder writes in the Eye On Equities column that Mr. Toner finds World Wide Technology Holding's offer of $24.50 per share fair and advises investors to tender their shares. Accordingly, he has moved his recommendation to "tender" from "outperform." Mr. Toner lowered his share target to $24.50 from $26. Analysts on average target the shares at $24.43. Softchoice is the 11th of 20 tech companies to exit public markets after being listed on the TSX during the mid-2020 to late-2021 pandemic bubble. Mr. Toner says in a note: "This [offer] represents a premium of 14 per cent relative to the closing price on Dec. 30. ... The acquisition is expected to close in late Q1 or early Q2 2025. ... We believe Softchoice will be a long-term beneficiary of improving IT spending trends and will also be a market share gainer, given its exposure to the migration to the cloud and AI. We have been bullish on the name as software and cloud continue to grow double-digits and margins expand."