The Globe and Mail reports in its Friday edition that National Bank Financial analyst Vishal Shreedhar has reaffirmed his "outperform" recommendation for Lassonde Industries. The Globe's David Leeder writes in the Eye On Equities column that Mr. Shreedhar gave his share target a $2 boost to $189. Analysts on average target the shares at $189.67. Mr. Shreedhar is projecting quarterly sales of $675-million, jumping from $583-million a year ago and ahead of the Street's expectation of $666-million. Earnings per share are estimated to jump to $4.13, a gain of 46 cents from fiscal 2023 but below the consensus of $4.35. Mr. Shreedhar says in a note: "We consider Lassonde Industries to have meaningful turnaround potential; if the U.S. business returns to historical EBIT margins (7-8 per cent), we estimate upside to our 2026 EPS estimates (10 per cent). Though there remains near-term uncertainty surrounding consumer health, cost inflation and operational performance, we hold a positive view given favourable valuation and expectations of improving performance." The Globe reported on June 25 that Mr. Shreedhar was sticking with his "outperform" recommendation for Lassonde Industries. The shares could then be had for $149.99.