The Globe and Mail reports in its Friday, March 7, 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 gave his share target a $3 trim to $130 (all figures U.S.). Analysts on average target the shares at $124.71. While Descartes's organic growth in the fourth quarter of 2024 fell below expectations, Mr. Treiber expects it to "chug along regardless." Mr. Treiber says in a note: "Despite the tailwind from increased demand for Descartes's global trade intelligence subscriptions, Q4 revenue and Q1 baseline were lighter than expected. Although we're slightly reducing our financial estimates, we believe tariff uncertainty will be a long-term driver of increased uptake of supply chain management software. Moreover, the M&A environment remains favourable and we see additional acquisitions as potential catalysts for the stock. ... Descartes has a strong track record of compounding capital through acquisitions and organic growth. Descartes is conservatively managed, which improves investor visibility to consistent FCF/share growth."