The Globe and Mail reports in its Tuesday edition that CIBC World Markets analyst Ty Collin has moved his recommendation for Premium Brands Holdings to "outperformer" from "neutral." The Globe's David Leeder writes that Mr. Collin boosted his share target by $5 to $95. Analysts on average target the shares at $103.91. Mr. Collin says in a note: "After a challenging 2024, we see a potential inflection in growth and cash flow as Premium Brands Holdings winds down heavy capital investments and starts to leverage its new capacity. We see less downside with valuation sitting near all-time lows, while stabilization at Starbucks and a pathway to lower leverage should help address key overhangs. New revenue opportunities are significant, but visibility on the cadence of growth remains cloudy and execution onboarding new programs is critical. We believe there is a credibility discount in Premium Brands' valuation after missing guidance last year, and we think that investors are waiting for signs of success before stepping back into the stock with more conviction, presenting an attractive entry point today." The Globe reported on March 25 that Ventum Capital continued to rate Premium Brands "buy" when it was worth $79.22.