The Globe and Mail reports in its Wednesday, Sept. 27, edition that RBC Capital Markets analyst Walter Spracklin now rates Westshore Terminals Investment "sector perform," down from "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Spracklin gave his share target a $3 trim to $29. Analysts on average target the shares at $28.50. Mr. Spracklin says in a note: "We now view the shares as fully valued following meaningful increases to consensus estimates and Westshore shares year-to-date (up 26 per cent) and therefore downgrade the shares. ... Our Q3 EBITDA estimate moves higher to $50-million (from $45-million), above consensus $45-million on solid year-to-date throughput trends and higher throughput guidance. Our 2023 EBITDA estimate increases to $199-million (from $190-million), above consensus $188-million. Our 2023 throughput estimate aligns with guidance for volumes in excess of 27.5Mt. ... Our 2024 EBITDA estimate remains at $187-million, above consensus $173-million, driven by our view that strong thermal coal demand will persist into 2024 while potash loading capabilities are built out. Our 2025 estimate is unchanged at $19-million well above consensus $150-million."