The Globe and Mail reports in its Wednesday, Sept. 16, edition that National Bank Financial analyst Vishal Shreedhar is keeping his "outperform" call on MTY Food Group intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Shreedhar, however, gave his share target a $3 trim to $40. Analysts on average target the shares at $41.67. Mr. Shreedhar expects to see lacklustre same-store sales growth when it reports third quarter results in October, with its U.S. operations continuing to struggle. He says in a note: "We model tepid overall trends year-over-year, reflecting ongoing soft industry demand in the U.S., partly offset by relatively more resilience in Canada, organic growth initiatives across the business (broad-based digital/technology enhancements, new marketing approaches, etc.), and the addition of new higher quality stores to the network. Notwithstanding, we expect MTY's share price to be largely governed by investor perception regarding the ongoing strategic review." In July, MTY operating restaurants under 80 brands said it is closing 68 underperforming stores over the next nine months, citing a lack of sales. That move comes after it announced the launch of a strategic review."