The Globe and Mail reports in its Thursday, May 7, edition that Desjardins Securities analyst Jerome Dubreuil has reiterated his "buy" recommendation for Lumine Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dubreuil gave his share target a $3 trim to $36. Analysts on average target the shares at $40.50. Mr. Dubreuil says in a note: "Lumine Group missed expectations on the quarter, likely as a result of a transition period with the Synchronoss acquisition having closed mid-quarter. We do not see AI easily disrupting Lumine as Tier-1 telecom companies (Lumine's most important clients) rely on highly customized, ultra-reliable core systems with long, restrictive vendor cycles. We view any near-term drop in the stock due to the miss as a buying opportunity for long-term investors." The Globe reported on Dec. 11 that Desjardins Securities analyst Jerome Dubreuil called Lumine Group his "best IT services, software and other tech idea." He rated the share "buy," which were then going for $27.62. The Globe reported on March 6 that Mr. Dubreuil continued to rate Lumine "buy." Its shares were then going for $26.80.