The Globe and Mail reports in its Friday, Oct. 27, edition that Desjardins Securities analyst Lorne Kalmar has reaffirmed his "buy" recommendation for Storagevault Canada. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kalmar gave his share target a 25-cent trim to $5.75. Analysts on average target the shares at $5.97. Mr. Kalmar modestly cut his share target in response to the release of "neutral" third quarter results earlier in the week. Mr. Kalmar says in a note: "Storagevault Canada delivered 12-per-cent year-over-year FFOPS [funds from operations per share] growth in 3Q, and SPNOI [same-property net operating income] ticked back up to 4.7 per cent. We maintain that the business is capable of delivering double-digit FFOPS growth on a normalized basis and view the recent sell-off (negative 35-per-cent year-to-date total return) as an overreaction. We see the current share price as a rare opportunity to acquire a high-quality name with peer-leading forecast FFOPS growth and a track record of outperformance at an excessively discounted valuation." The Globe reported on Sept. 20 that Mr. Kalmar rated Storagevault "buy" in new coverage. The shares were then worth $4.83.