The Globe and Mail reports in its Thursday, Dec. 7, edition that BMO Capital analyst Thanos Moschopoulos continues to rate Descartes Systems Group "market perform." The Globe's David Leeder writes that Mr. Moschopoulos boosted his share target to $88 (U.S.) from $82 (U.S.). Analysts on average target the shares at $87.11 (U.S.). Mr. Moschopoulos says in a note: "We remain 'market perform' on Descartes and have raised our estimates and target price following solid Q3/23 results -- which demonstrated organic resilience in a tougher macro, as the secular growth in key product segments more than offset softer transaction volumes. We think Descartes can continue to execute successfully on its strategy of delivering consistent EBITDA growth, but on a relative basis prefer other consolidators in our coverage universe." The Globe reported on Dec. 9, 2022, that Mr. Moschopoulos had reaffirmed his "market perform" recommendation for Descartes Systems, which could then be had for $93.38 (Canadian). The Globe reported on Sept. 8, 2023, that RBC Dominion Securities analyst Paul Treiber had reaffirmed his "outperform" recommendation for Descartes Systems. The shares could then be had for $102.19 (Canadian).