The Globe and Mail reports in its Friday, April 4, edition that Desjardins Securities analyst Bryce Adams has a positive long-term outlook for copper prices, viewing the red metal as a key input for global decarbonization efforts, data centre demand and electric vehicle use. The Globe's David Leeder writes that Mr. Adams, in a research report released Friday, commenced coverage on Ero Copper with a "hold" recommendation and a $25 share target. Analysts on average target the shares at $25.82. Mr. Adams says in a note, "'Hold'-rated Ero Copper has near-term growth and a strong FCF yield in 2025, but it lost operational momentum in 2024 and needs to regain operational consistency for meaningful share price appreciation, in our view." The Globe reported on June 21 that Mr. Adams had elevated his recommendation for Ero Copper to "outperformer" from "neutral." It was then worth $28.79. The Globe reported on Feb. 4 and Feb. 13 that National Bank Financial analyst Shane Nagle rated Ero Copper "sector perform." It was then worth $18.85 and $18.82. The Globe reported on March 11 that TD Cowen analyst Craig Hutchison had reaffirmed his "buy" recommendation for Ero Copper. The shares could then be had for $17.08.