The Globe and Mail reports in its Wednesday, Feb. 18, edition that RBC Capital Markets analyst Pammi Bir has reaffirmed his "outperform" recommendation for Primaris REIT. The Globe's David Leeder writes that Mr. Bir gave his unit target a $2 boost to $20. Analysts on average target the units at $19. Mr. Bir says in a note: "Post underlying results that were a touch ahead of us, we remain constructive on Primaris. 2026 organic growth should moderate to more pedestrian levels on Hudson Bay's impact. More importantly, however, the year marks the start of a multi-year repositioning exercise to create value and more durable cash flows from some of its highest quality, yet least productive space. Encouraging progress is already being made. Combined with a solid balance sheet and expanding track record of good execution, we like the mix of growth and value here." The Globe reported on Dec. 3, 2024, that Mr. Bir had started coverage on Primaris REIT with an "outperform" recommendation. The units could then be had for $16.10. The Globe reported on Feb. 6, 2026, that RBC Capital Markets analyst Paul Treiber had commenced coverage on Primaris REIT with an "outperform" rating and a $20 unit target. It was then worth $17.15.