The Globe and Mail reports in its Wednesday edition that TD Cowen analyst Brian Morrison has reaffirmed his "buy" recommendation for Groupe Dynamite. The Globe's David Leeder writes that Mr. Morrison gave his share target an $8 trim to $20. Analysts on average target the shares at $25.25. Mr. Morrison says in a note: "With current economic uncertainty, the Q4/F24 results will not be the focal point of the release, especially having disclosed preliminary key metrics on Feb. 4. We forecast its revenue should increase 13.2 per cent year-over-year on strong SSSG [same-store sales growth], new store openings and heightened eCommerce penetration. This should drive operating leverage from scale that along with an increased AUR, heightened proportion of U.S. sales, and lower markdowns should drive EBITDA margin expansion. Our Q4/F24 adjusted EPS forecast of $0.30 is in line with consensus. ... We remain positive upon its strategic initiatives to support future growth, however, current economic uncertainty from tariffs admittedly limits our forecasting ability. Balance sheet strength provides comfort for it to endure near-term pressures, and maintain its attractive growth strategy as consumer confidence stabilizes/improves."