The Globe and Mail reports in its Thursday, May 7, edition that TD Cowen analyst Mario Mendonca is holding on to his "buy" recommendation for Intact Financial. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mendonca gave his share target a $7 trim to $347. Analysts on average target the shares at $319.40. Mr. Mendonca says in a note: "intact Financial beat our estimates and the consensus by 7-8 per cent. Q1/26 operating EPS $4.33 (up 8 per cent year-over-year) vs. our $4.03 (cons. $4.06). Top line growth of 4 per cent was in line. EPS beat from higher PYD (lower quality beat) and stronger investment income. Underlying loss ratio missed our est./cons. and was up year-over-year -- we view unfavorably. Top line guidance in personal lines Canadian is solid, while commercial and specialty remain soft on increased competition." The Globe reported on Feb. 13, 2025, April 22, 2025, Jan. 16, 2026, and Feb. 12, 2026. that Mr. Mendonca continued to rate Intact Financial "buy." The shares could then be had for $290.27, $296.20, $270.37 and $253.55.