The Globe and Mail reports in its Friday edition that National Bank Financial analyst John Shao has reiterated his "outperform" recommendation for Blackline Safety. The Globe's David Leeder writes that Mr. Shao boosted his share target to $7.50 from $6.50. Analysts on average target the shares at $8.07. Mr. Shao says in a note: "Blackline Safety's FQ4 results were mixed, with macro-related deal slippage leading to a miss in product revenue. However, the company more than offset this loss through gross margin expansion and capital discipline, resulting in better-than-expected adjusted EBITDA. As discussed on the earnings call, delayed deals from geopolitical uncertainties and potential tariffs create unnecessary 'noise.' When this occurs, it tends to increase stock volatility, particularly considering Blackline's rally in recent months. If anything, we believe such volatility could present an opportunity for new investors in the near term. In the longer term, we remain optimistic about a company with solid execution and significant growth opportunities ahead. We believe Blackline's technical edge comes from its connectivity that enables flows of data for greater visibility of employee activities and their work environment."