The Globe and Mail reports in its Wednesday, May 8, edition that RBC Capital analyst Walter Spracklin has reaffirmed his "sector perform" recommendation for Westshore Terminals Investment. The Globe's David Leeder writes in the Eye On Equities column that Mr. Spracklin cut his Westshore Terminals share target to $25 from $27. Analysts on average target the shares at $26.38. Mr. Spracklin says in a note: "Westshore's Q1 results came in well below consensus, mainly on weaker than expected margin. On one hand, margin weakness was partly attributable to one-time labour costs and temporary costs associated with potash construction, impacts we expect to subside over time. On the other hand, we believe cost inflation more generally affected margin in the quarter, and we see these costs as more persistent longer term. Factoring in these trends, our estimates move lower and price target decreases." The Globe reported on Sept. 27 that Mr. Spracklin downgraded Westshore Terminals to "sector perform," down from "outperform." The shares could then be had for $25.66. The Globe reported on Nov. 17 that Scotia Capital had reaffirmed its "sector perform" call for Westshore Terminals when it was worth $24.67.