The Globe and Mail reports in its Tuesday, April 1, edition that Ventum Capital Markets analyst Amr Ezzat commenced coverage of Toronto-based Xtract One Technologies with a "buy" ranking and a share target of 80 cents that implies a doubling from current levels. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $1. Mr. Ezzat says in a note: "While unprofitable today, Xtract One has reached an inflection point -- its proven AI-driven security platform is gaining rapid traction, and the company is on the cusp of positive EBITDA within the next two to three quarters. A new management team took the reins in late 2020, refocusing the company on disciplined execution and long-term commercial viability. While we've followed Xtract One from a distance over the years, we were never drawn in due to the company's earlier, spending-heavy approach. Today, we see a different story unfolding -- this team has built a credible track record of cost control, strategic clarity and consistent progress. We believe the market is still treating Xtract One as a cash-burning start-up, creating a disconnect between the company's fundamentals and its valuation."