The Globe and Mail reports in its Friday, Feb. 6, edition that Stifel analyst Suthan Sukumar has reaffirmed his "buy" recommendation for Sangoma Technologies. The Globe's David Leeder writes that Mr. Sukumar gave his share target a $2 trim to $10, matching the consensus. Mr. Sukumar says in a note: "Sangoma delivered in-line FQ2 results, confirming sequentially stronger revenue growth, with a tightened full-year guide alongside a ramp in bookings and backlog, signaling improving growth visibility over the remainder of the year. The company's post-transformation playbook is bearing early results with increased product/service bundling and larger customer penetration, underscoring stronger go-to-market execution with an increasingly more engaged partner channel, supporting our thesis for continued market share gains and a return to durable organic revenue growth. M&A remains a potential upside catalyst given balance sheet strength. With shares trading at less than five times C27E EBITDA, at the low-end of peers, we continue to see an attractive risk-reward." The Globe reported on May 14 Mr. Sukumar had started coverage on Sangoma Technologies with a "buy" rating and $12 share target. It was then worth $8.38.