The Globe and Mail reports in its Tuesday, April 21, edition that National Bank Financial analysts Matt Kornack and Giuliano Thornhill are sticking with their "outperform" ranking for GO Residential REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kornack and Mr. Thornhill continue to target the units at $13.50, which matches the consensus (all figures U.S.). Mr. Kornack and Mr. Thornhill say in a note: "GO has risen to the top of our pecking order for U.S. names but even our broader coverage -- unfortunately through share price underperfomance. That said, we think this is somewhat overblown in light of solid fundamentals in the NYC apartment market and a discounted valuation. As we have noted before, leverage is high, so this name has the potential to provide upside torque but with some asymmetric downside risk." The Globe reported on Oct. 15 that RBC Capital Markets analyst Jimmy Shan said GO had elements he liked in a REIT. The units were then worth $12.04. The Globe reported on March 25 that Mr. Shan had upgraded his recommendation for GO to "outperform" from "sector perform." The units could then be had for $9.90.