The Globe and Mail reports in its Tuesday, March 11, edition that TD Cowen analyst Craig Hutchison has reaffirmed his "buy" recommendation for Ero Copper. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hutchison cut his share target by a loonie to 22. Analysts on average target the shares at $26.09. Mr. Hutchison says in a note: "We have updated our estimates to reflect Q4 financials, which resulted in a slight drop in our target price to $22 from $23 mostly due to higher debt levels. Guidance for 2025 remains unchanged along with our investment thesis which anticipates a positive inflection on production, earnings, and FCF starting in Q2 and increasing through the year with the Tucuma ramp." The Globe reported on Jan. 7 that Scotia Capital rated Ero Copper "sector outperform." It was then worth $20.28. The Globe reported on Feb. 4 and Feb. 13 that National Bank Financial analyst Shane Nagle had reaffirmed his "sector perform" call for Ero Copper. It was then worth $18.85 and $18.82.