The Globe and Mail reports in its Wednesday, May 7, edition that RBC's Walter Spracklin continues to rate Westshore Terminals Investment "sector perform." The Globe's David Leeder writes that Mr. Spracklin is the lone analyst covering Westshore. He cut his share back to $23 from $25. Following last week's first quarter earnings release and a meeting with its management on Monday, Mr. Spracklin continues to see Westshore as "less impacted" by tariffs, but he thinks its shares are fairly valued at current prices. Mr. Spracklin says in a note: "In summary, Q1 was negatively affected by U.S. rail service issues due to tough winter weather, which impacted throughput and operating costs during the quarter. From an outlook perspective, management maintained volume guidance, but decreased its loading rate guidance due to FX and mix; accordingly, we have reduced our estimates to align with the updated guidance. ... We do not expect Westshore to be materially affected by tariffs, with only 14 per cent of volumes exported from the terminal landing in China, most of which we believe is met coal. We therefore see Westshore as less impacted by evolving trade policy compared to the other companies in our industrials coverage."