The Globe and Mail reports in its Friday, April 25, edition that TD Cowen analyst Brian Morrison, prior to the release of Spin Master's April 30 quarterly release, has reaffirmed his "buy" recommendation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Morrison gave his share target a $3 trim to $35. Mr. Morrison says in a note: "We expect Spin Master to report in line Q1/25 results and for investors to disregard and solely focus upon gaining any visibility into direction upon tariffs upon the toy industry and the ability to navigate their current impact. We see tremendous value in Spin Master based upon its IP alone, but believe visibility on tariffs will prove to be the necessary catalyst to surface shareholder value." The Globe reported on Sept. 25 that Mr. Morrison had reiterated his "buy" call on Spin Master. In the item Mr. Morrison said Spin Master was on TD's "Canada Best Ideas" list. The shares could then be had for $31.73. The Globe reported on Feb. 27 that Stifel analyst Martin Landry had reaffirmed his "buy" recommendation for Spin Master. The shares could then be had for $27.
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