The Globe and Mail reports in its Friday, Nov. 7, edition that National Bank Financial analyst Richard Tse, seeing "many moving parts" with Altus Group, thinks it is now "reasonable" for investors to "take pause until we gain more clarity on the outlook for 2026." The Globe's David Leeder writes in the Eye On Equities column that accordingly, Mr. Tse dropped his recommendation for its shares to "sector perform" from "outperform." Mr. Tse slashed his share target by $12 to $52. Analysts on average target the shares at $60. Mr. Tse says in a note: "Investors will recall our 'outperform' rating had been based on a reasonable expectation that the strategic review could potentially result in the sale of the company. That had us valuing the company on our potential takeout scenario. Now that the strategic review has concluded, we're reverting to our former DCF-based valuation. Coincident with a consecutive quarter of downward guidance, Altus announced the departure of CEO Jim Hannon. Assuming the role in the new year is former CEO Mike Gordon who we view as highly competent. Yet, it's not unreasonable to think there will be a period of adjustment as Mr. Gordon takes over the leadership in early 2026."