The Globe and Mail reports in its Friday edition that Scotia Capital analyst Mario Saric continues to rate Tricon Residential "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Saric tweaked his share target lower by 25 U.S. cents to $10.25 (U.S.). Analysts on average target the shares at $9.82 (U.S.). Mr. Saric says in a note: "We still view Tricon Residential as our top 'Soft Landing' pick on a cheap valuation and expected meaningful acceleration in FFOPS growth in 2024. We think the positive growth drivers can now outstrip the negative ones as they normalize (i.e., interest expense and lower acquisition fees). We were worried about a 2023 guidance cut. With that behind us (and our 2024E FFOPS sitting 3 per cent below consensus), we're good with adding positions again heading into 2024. We don't see the shares going materially below $7/sh (i.e., recent lows) and see upside to $10/sh on 2024E 10 per cent year-over-year FFOPS growth (i.e. 3-to-1 upside/downside)." The Globe reported on Aug. 19, 2022, and March 6, 2023, Mr. Saric was maintaining his recommendation for Tricon at "sector outperform." The shares could then be had for $14.73 (Canadian) and $11.44 (Canadian).