The Globe and Mail reports in its Friday, Aug. 1, edition that National Bank Financial analyst Richard Tse is sticking with his "sector perform" ranking for Real Matters. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tse gave his share target a 75-cent trim to $5.75. Analysts on average target the shares at $7.29. Mr. Tse says in a note: "Given the shortfall in the quarter and continued backdrop, we are reducing our FQ4'25/FY26 forecasts. Longer term, we remain constructive on Real Matters' positioning as the company continues to onboard new clients, including launching on four new clients including the largest credit union in the U.S. onto the Title platform. Subsequent to quarter end, Real Matters launched its second Tier 1 lender in U.S. Title, a top 15 lender in U.S. appraisal, as well as significantly expanding market share with a top 50 lender. These developments, combined with available capacity and disciplined cost management position Real Matters well for operating leverage when volumes recover. That said, at this point visibility into that normalization is still uncertain; as such, we see a balanced risk-to-reward profile for Real Matters."