The Globe and Mail reports in its Wednesday, Nov. 15, edition that National Bank analyst Cameron Doerksen continues to rank Taiga Motors "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Doerksen gave his share target an 85-cent haircut to $1.40. Analysts on average target the shares at $1.83. Mr. Doerksen says in a note: "We are encouraged to see the company is making progress on the production front. However, we remain cautious on the stock as the company will need to significantly ramp production further over the next several years to reach consistent profitability and positive cash flow. We also still forecast additional financing will be needed over the next two years to support the production ramp. We have made significant changes to our forecast to reflect what we think is a more realistic production ramp and as a result, our target moves to $1.40." The Globe reported on March 23 and April 4 that Mr. Doerksen continued to rate Taiga Motors "sector perform." The shares were then going for $1.98 and $1.64.