The Globe and Mail reports in its Friday edition that Raymond James's Steven Li continues to rate Evertz Technologies "outperform." The Globe's David Leeder writes that Mr. Li cut his share target back by $1.50 to $16. Analysts on average target the shares at $15.42. Mr. Li says in a note: "Similar to Q4, Q1 came in below expectations (on project timing) even as backlog continues to expand sequentially (up 3.4 per cent quarter-over-quarter). We are lowering our model and target as a result. Evertz software and services segment continues to grow (up 26 per cent year-over-year) although we do expect some ebb and flow in any given quarter depending on project milestones being met. Software and services, on a TTM [trailing 12-month] basis, represented 40 per cent of total revenue." The Globe reported on Dec. 11, 2022, March 10, 2022, and June 27, 2022, that Canaccord Genuity analyst Robert Young rated Evertz "buy." It was then worth $13.88, $14.40 and $13.90. The Globe reported on March 6, 2023, and June 23, 2023, that Mr. Young was sticking with his "buy" call when the shares could then be had for $11.69 and $13.25. The Globe reported on Dec. 8, 2023, that Mr. Li rated Evertz "outperform." It was then worth $13.87.