The Globe and Mail reports in its Wednesday, March 5, edition that CIBC Capital Markets analyst Hamir Patel has reaffirmed his "outperformer" recommendation for Doman Building Materials Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Patel gave his share target a $2 trim to $9.50. Analysts on average target the shares at $10.75. Mr. Patel says in a note: "We are reiterating our 'outperformer' rating on Doman but moderating our price target to $9.50 (from $11.50), reflecting reduced estimates and a 0.25 times decrease in our 2026E EV/EBITDA multiple to 7.5 times (given increased uncertainty on the extent the SYP/SPF price spread may narrow). We see Doman Building as well positioned to benefit from healthy medium- to long-term demand for treated lumber across North America due to elevated home equity levels and an ageing housing stock." The Globe reported on July 21, 2023, that Mr. Patel had boosted Doman Building to "outperformer" from "neutral." The shares were then going for $6.69. The Globe reported on Feb. 21 that Stifel analyst Ian Gillies had reiterated his "buy" recommendation for Doman. It was then worth $7.49.