The Globe and Mail reports in its Thursday, Oct. 30, edition that Desjardins Securities analyst Gary Ho has reaffirmed his "hold" recommendation for Fiera Capital. The Globe's David Leeder writes in the Eye On Equities column that Mr. Ho gave his share target a 25-cent boost to $6.50. Analysts on average target the shares at $7.30. Mr. Ho says in a note: "Fiera Capital reported preliminary September AUM [assets under management] of $166.9-billion, up 4 per cent quarter-over-quarter. Both public and private markets AUM saw positive net inflows in Q3, although PineStone likely experienced outflows. AUM also benefited from market appreciation and favourable FX. We would look for comments around new mandate wins, PineStone fund performance and Q4 performance fees expectations." The Globe reported on Jan. 31 that Mr. Ho was keeping his "hold" recommendation for Fiera Capital intact. The shares were then going for $7.85. The Globe reported on Aug. 12 that Scotia Capital analyst Phil Hardie continued to rate Fiera Capital "sector perform." The shares could then be had for $6.79.