The Globe and Mail reports in its Tuesday, Aug. 13, edition that Desjardins Securities analyst Frederic Tremblay is sticking with his "hold" recommendation for Lassonde Industries. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tremblay's share target soared ahead by $15 to $190. Analysts on average target the shares at $189. Mr. Tremblay says in a note: "Q2 was stronger than expected. Successful efforts to stimulate volume growth in the U.S. beverage business and a new line start-up are translating into an upwardly revised organic growth outlook for 2024. This will be supplemented by the acquisition of Summer Garden. That said, Lassonde will need to navigate a challenging environment, including high raw material costs and consumer price fatigue. In addition, while the balance sheet is healthy, we await further details on the next potential capex cycle." The Globe reported on June 25 that National Bank Financial analyst Vishal Shreedhar was sticking with his "outperform" recommendation for Lassonde Industries. The shares could then be had for $149.99.