The Globe and Mail reports in its Tuesday, Sept. 27, edition that National Bank Financial analyst Maxim Sytchev is sticking with his "outperform" call on WSP Global. The Globe's David Leeder writes that Mr. Sytchev trimmed his share target by $7 to $181. Analysts on average target the shares at $181.08. Mr. Sytchev believes WSP Global should abandon its pursuit of British environmental consulting firm RPS Group. On Friday, Tetra Tech, a California-based consulting and engineering services firm, announced an agreement with RPS on an all-cash acquisition worth 636 million pounds, an increase of about 7.8 per cent over WSP's offer. Mr. Sytchev thinks Tetra Tech's deal, which has been unanimously recommended by the RPS board, is "superior" and sees it having the "upper hand" given its higher trading multiple. Mr. Sytchev says in a note: "Letting go is never easy but is probably the right thing to do here. Even though accretion math for Wood/RPS was double-digit on EPS, the latter asset would have needed more integration care given its declining revenue profile. WSP management is also in constant discussions with multiple targets, and we have no doubt it will be able to achieve its growth objectives without RPS."