The Globe and Mail reports in its Friday, Nov. 8, edition that TD Cowen analyst Michael Tupholme has reaffirmed his "buy" call for Wajax. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tupholme cut his share target to $24 from $30. Analysts on average target the shares at $23.75. Mr. Tupholme says in a note: "[Wednesday's] 17-per-cent sell-off in Wajax has led to an asymmetrical risk/reward set-up, in our view. Wajax trades at seven times our revised 2025E EPS (a level the stock has rarely traded below since mid-2020) and offers a 6.8-per-cent dividend yield. Our price target falls to $24 (was $30), but we maintain our 'buy' rating. We see attractive long-term value in Wajax, although a lack of near-term catalysts means patience may be required." The Globe reported on Aug. 22 that Scotia Capital analyst Jonathan Goldman recommended exposure to Wajax. The shares could then be had for $25.06. The Globe reported on Sept. 27 that National Bank Financial analyst Maxim Sytchev rated Wajax "sector perform" in new coverage, with a $26 share target. The shares could then be had for $25.53.