The Globe and Mail reports in its Thursday, Jan. 18, edition that National Bank Financial analyst John Shao continues to rank TECSYS "outperform," with an unchanged $50 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $46.75. Mr. Shao says in a note: "Time has allowed TECSYS to scale and expand its platform into a growing logistics powerhouse within the healthcare and retail vertical. That fortification along with growth initiatives that include strategic and operational investments and acquisitions is putting TECSYS in a position to scale into broader markets. We believe TECSYS is on the cusp of scaling into a bigger company." The Globe reported on Sept. 1 and Nov. 28 that Echelon Partners analyst Amr Ezzat rated TECSYS "buy." The shares were then worth $22.01 and $33.78. The Globe reported on Dec. 5 that Mr. Shao continued to rate TECSYS "outperform." The shares could then be had for $33.66.