The Globe and Mail reports in its Tuesday edition that ATB's Chris Murray rates AutoCanada "sector perform." The Globe's David Leeder writes that Mr. Murray gave his share target a $5 trim to $25. Analysts on average target the shares at $32.41. Mr. Murray says in a note: "The revenue variance to ATB was driven by lower-than-expected revenue and gross profit dollars, primarily around new and used vehicles, with the EBITDA impact mitigated by lower operating costs as the company continues to roll out its ACX optimization program. Management views the weaker volumes and underperformance versus the broader market as a byproduct of rightsizing efforts being undertaken with the lower new vehicle margin signalling softening demand conditions, in our view. AutoCanada remains cautious on its near-term outlook and views 2026 as a year to gradually rebuild volumes while remaining disciplined around managing costs. In addition, management noted delays in completing the divestiture of the U.S. business until mid-2026, which could weigh on leverage levels near-term. Volume pressures combined with softening macro conditions, delays in exiting the U.S. business and a lack of near-term catalysts keep us cautious on the name."