The Globe and Mail reports in its Tuesday, Nov. 14, edition that BMO Capital Markets analyst Stephen MacLeod has reaffirmed his "outperform" recommendation for Sleep Country Canada Holdings. The Globe's David Leeder writes in the Eye On Equities column that Mr. MacLeod gave his share target a $4 haircut to $28. Analysts on average target the shares at $27.71. The BMO stockpicker says in a note: "Sleep Country reported in-line Q3/23 operating earnings. Unsurprisingly, macro continued to weigh on SSSG (down 5.5 per cent), but GM was above forecast. We expect the macro backdrop to remain challenging through 2023E and into 2024E (although comps are easing); however, Sleep Country appears well-positioned to weather the weakness, achieve market share gains for everything 'sleep,' while continuing to invest in its sleep ecosystem. Acquisitions and other strategic initiatives position Sleep Country well for 2024E. We see attractive risk-reward (5.2 times 2024E EV/EBITDA, 18-per-cent FCF yield)." The Globe reported on Oct. 6 that National Bank Financial analyst Vishal Shreedhar had reiterated his "sector perform" recommendation for Sleep Country. The shares could then be had for $22.08.