1444 ET - Finning International is showing a strong earnings trajectory that National Bank of Canada analyst Maxim Sytchev says "is getting better and higher." Sytchev upgrades the stock to outperform from sector perform, with a new C$115 target up from C$89, arguing it has become "too painful on the sidelines." He points to a record backlog, broad-based booking strength, and growing equipment populations in Canada and Latin America that solidify the product support tail. Sytchev also cites other reasons to be bullish, including "more friendly CAD resource development," emerging data-center demand in Alberta, and Argentina potentially becoming "a more meaningful contributor vs. current 6% to 7% of the top line over time." (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
May 13, 2026 14:44 ET (18:44 GMT)
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