The Globe and Mail reports in its Friday, May 24, edition that RBC Dominion Securities analyst Paul Treiber has reaffirmed his "outperform" recommendation for Descartes Systems Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Treiber boosted his share target by $5 to $115 (all figures U.S.). Analysts on average target Descartes shares at $99.89. Mr. Treiber expects Descartes will report "solid" first quarter results on May 29. Mr. Treiber thinks Descartes may provide baseline projections for the second quarter that top the Street's projections. Mr. Treiber says in a note: "Descartes is trading at 29 times FTM [forward 12-month] EV/EBITDA, below supply chain and fleet management peers (36 times), though above Canadian software consolidators at 17 times. On an NTM [next 12-month] EV/S basis, Descartes is trading at 13 times, in line with supply chain and fleet management peers (13 times), though above Canadian software consolidators at 5 times. We believe Descartes is likely to increasingly trade closer to supply chain and fleet management peers as the company's market cap increases and organic growth stabilizes in the high-single digit range."