The Globe and Mail reports in its Friday, Feb. 6, edition that National Bank analyst Matt Kornack and Giuliano Thornhill continue to rate Dream Office REIT "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Kornack and Mr. Thornhill boosted their unit target by a loonie to $20. Analysts on average target the units at $19.75. Mr. Kornack and Mr. Thornhill say in a note: "Office names have given back a lot of the unit price appreciation seen mid-year on return to office optimism. There seem to be pockets of improvement in fundamentals, but we aren't out of the woods yet (third-party market observers don't see occupancy normalizing until the 2030s). Dream looks relatively well positioned to where the demand has returned with Toronto seeing the most incremental absorption. While Q4 will see a step back in occupancy on the departure of a tenant in the U.S., 2026 should see the benefits of leasing completed in the Toronto portfolio that had longer fixturing periods." The Globe reported on Dec. 9 that Mr. Kornack and Mr. Thornhill continued to rate Dream Office REIT "sector perform." They cut their unit target to $19 from $20. The units could then be had for $17.27.