The Globe and Mail reports in its Tuesday, Nov. 5, edition that National Bank Financial analyst Vishal Shreedhar, expecting a more challenged backdrop than earlier anticipated for Premium Brands Holdings, cut his share target to $99 from $109. The Globe's David Leeder writes in the Eye On Equities column that Mr. Shreedhar has an unchanged "sector perform" recommendation on Premium Brands. Analysts on average target the shares at $110.67. Mr. Shreedhar says in a note: "Specifically, we expect challenges in the Premium Brands Holdings sector and delays in the retail sector within specialty foods. This may push back growth and result in a downward revision to 2024 guidance." The Globe reported on May 1 and Oct. 25 that Mr. Shreedhar rated Premium Brands "sector perform." It was then worth $88.90 and $92.55. The Globe reported on May 15 that Stifel rated Premium Brands "buy." It was then worth $92.81. The Globe reported on Aug. 13 that RBC Capital analyst Tom Callaghan had reiterated his "sector perform" recommendation for Premium Brands, which was then going for $85.97.