The Globe and Mail reports in its Tuesday, March 19, edition that RBC Dominion Securities analyst Drew McReynolds assumed coverage on Spin Master with an "outperform" rating on Monday. The Globe's David Leeder writes in the Eye On Equities column that Mr. McReynolds gave his share target a $4 trim to $46. Analysts on average target the shares at $45.25. Mr. McReynolds says in a note: "We see value in the stock reflecting what we believe is the accelerating deployment of a more powerful playbook whereby: (I) Spin Master is among the best positioned in our coverage to profitably scale a true IP flywheel with synergistic entertainment and digital games creative centres; (ii) we see earnings upside should early promising Unicorn Academy franchise traction be sustained; (iii) we see the potential for digital games upside given strong secular tailwinds; and (iv) we see diversifying, recurring and margin accreting revenue growth as a catalyst for renewed multiple expansion from near historic lows. ... Acknowledging inherent business model volatility, we view current levels as an attractive and timely buying opportunity." Mr. McReynolds touts what he sees for Spin Master as "an attractive set-up with better alignment."