The Globe and Mail reports in its Friday, Feb. 6, edition that ATB Capital Markets analyst Stefan Ioannou has reaffirmed his "outperform" recommendation for Ero Copper. The Globe's David Leeder writes that Mr. Ioannou gave his share target a $13 boost to $50. Analysts on average target the shares at $47.47. Mr. Ioannou says in a note: "We continue to view Ero as a 'staple' mid-tier copper producer that also offers significant gold exposure, noting the precious metal accounts for more than 25 per cent of the company's 2026E revenue in our model. With Tucuma ramp-up now nearing completion, and other organic growth opportunities at existing operations taking shape, the stage is set for strong FCF generation over the foreseeable future, augmented by longer-dated Furnas development potential. Conversely, notable risks to this thesis include sustained, or lack thereof, (ramp-up) operational performance and (negative) metal price volatility." The Globe reported on July 10 and Nov. 7 that National Bank's Shane Nagle rated Ero Copper "sector perform." The shares could then be had for $19.51 and $30.58. The Globe reported on Jan. 15 that Canaccord's Dalton Baretto had upgraded Ero Copper to "buy" from "hold." It was then worth $42.50.