The Globe and Mail reports in its Friday, Oct. 31, edition that National Bank Financial analyst Dan Payne has reaffirmed his "outperform" recommendation for Tamarack Valley Energy. The Globe's David Leeder writes in the Eye On Equities column that Mr. Payne gave his share target a 50-cent boost to $8. Analysts on average target the shares at $7.38. Mr. Payne says in a note: "Another very solid period from Tamarack Valley, accentuating value through positively progressing and high-return trends across its assets, which should continue to translate to maximum value creation (rerate ongoing with upside); Tamarack Valley is poised for a 14-per-cent return profile (vs. peers 12 per cent) on leverage of 0.4 times (vs. peers 0.9 times), while trading at 4.2 times 2026 estimated EV/DACF [enterprise value to debt-adjusted cash flow] (vs. peers 2.4 times)." The Globe reported on Sept. 19 that Mr. Payne was keeping his "outperform" call for Tamarack Valley intact. The shares were then going for $5.89. The Globe reported on Oct. 17 that Desjardins Securities analyst Chris MacCulloch had moved his recommendation for Tamarack Valley to "buy" from "hold." The shares could then be had for $6.03.