The Globe and Mail reports in its Wednesday edition that CIBC World Markets analyst Ty Collin has boosted his recommendation for Martinrea International to "outperformer" from "neutral." The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Collin gave his share target a $2.50 boost to $13. Analysts on average target the shares at $12.35. Mr. Collin, who recently took over coverage of the stock at CIBC, says the bank sees a "more positive setup" for the auto suppliers now that worst-case tariff risks have receded and lower expectations are priced in for the sector. Mr. Collin says in a note: "In addition, our outperformer rating for Martinrea reflects its attractive valuation and an improved cash flow profile that provides increased capacity for capital deployment. While we acknowledge that Martinrea's small market cap limits ownership from certain investors, we see an attractive risk-reward setup for the stock, with limited downside." He also sees potential for a resumption in share buybacks in the coming quarters at Martinrea, which could act as an important catalyst. The Globe reported on March 6 that CIBC World Markets analyst Krista Friesen rated Martinrea "neutral." It was then worth $7.95.