The Globe and Mail reports in its Friday, Jan. 24, edition that Stifel analyst Daryl Young has reaffirmed his "buy" recommendation for Colliers International Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Young gave his share target a $5 boost to $170 (all figures U.S.). Analysts on average target the shares at $167.94. Mr. Young says in a note: "We think Colliers is positioned for a solid finish to 2024 given an acceleration of transaction activity into year-end (U.S. investment volumes up 32 per cent year-over-year in Q4/24 and strong office leasing activity). However, the clear focus will be on the guidance and the potential to achieve the Enterprise '25 plan that targets $830-million of EBITDA. We think the outlook for 2025 is strong given Collier's more cyclical segments (capital markets, leasing and IM fund raising) are poised to inflect from trough levels, and with engineering underpinned by robust government spending. However, the Enterprise '25 plan would require revenue and EBITDA growth of 19 per cent and 28 per cent, respectively, which we think could be a stretch and will require additional larger-scale M&A to achieve (which likely comes with a high-multiple)."