The Globe and Mail reports in its Wednesday, Sept. 18, edition that TD Cowen analyst Derek Lessard continues to rate Premium Brands Holdings "buy," with a $129 share target. The Globe's David Leeder writes that analysts on average target the shares at $110.89. Mr. Lessard says in a note: "Given the increasingly stable operating environment, we see Premium Brands on the cusp of more materially benefiting from its multiyear investment cycle (in capacity/automation/innovation). In particular, specialty foods is poised to grow with: 1) fewer capacity constraints; 2) large product launches (in sandwiches and protein) with major foodservice/QSR customers; and 3) innovation. Consequently, management continues to expect to hit its 10-per-cent margin target at some point in 2025 and two years earlier than its original guidance. Longer term, we also see potential value creation events that could further add significantly to the share price. ... Longer term, we see two potential opportunities that could add significantly to the share price: 1) accelerated margin expansion (management expressed confidence in reaching 11- to 12-per-cent consolidated margin by 2027-28), and 2) potential sale of the distribution group."