The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1537 GMT - MDA Space has a unique exposure to the trends that are driving the space boom, says Erin Kyle of CIBC, who initiates the stock with an outperformer rating and a C$57 target. The analyst notes as well that the space-technology company's status as a scaled, well-capitalized and profitable pure-play company stands out in industry of mostly unprofitable peers. The company also has important near-term catalysts linked to funded programs, reinforcing our confidence in the company's trajectory. "The space sector is entering a new secular growth phase, and MDA sits at the intersection of multiple structural tailwinds," Kyle says. Shares are up 1% at C$53. (adriano.marchese@wsj.com)

1254 GMT - Canadian Tire's 1Q earnings were roughly in line, supported by firm gross-margin management and cost discipline under the company's True North improvement program, according to TD Cowen in a note. But analyst Brian Morrison says softer comparable sales, including a 2.3% drop at Canadian Tire Retail, show the quarter was driven more by unfavorable weather than underlying demand. The SportChek and Mark's banners performed better, but not enough to offset weakness at the core banner. "Retail sales lacked the 'jumpstart' we anticipated as weather was a headwind, not tailwind," Morrison says, adding that the trend appears to be continuing into early 2Q. (adriano.marchese@wsj.com)

0850 GMT - Chinese regulators' increased scrutiny of the robotaxi industry could be a tailwind for WeRide, HSBC Global Research analysts say. Stricter oversight will ultimately raise industry entry barriers, easing competition and reinforcing the positioning of firms like WeRide with strong safety and compliance records. HSBC keeps a buy call on WeRide, noting encouraging trends like a near-doubling in the number of its registered robotaxi users in China in 1Q. The company also continues to make progress in expanding overseas, including launching Dubai's first fully driverless commercial robotaxi service. HSBC maintains the U.S.-listed stock's target price at $11.40. Shares last closed at $7.65.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

0844 GMT - Alstom's backlog is large and growing, with more attractive theoretical gross margins due to selectivity and improved mix, Jefferies analysts say in a research note. However, the French train maker might face questions on the ability to execute this, the analysts add. Fourth-quarter order totaled 7.58 billion euros, closing a successful commercial year for the group, Jefferies says. The order backlog reached 104 billion euros, providing strong visibility into coming years, the analysts say. Shares trade 1.9% higher at 17.50 euros. (nina.kienle@wsj.com)

0259 GMT - ComfortDelGro's much softer taxi and private-hire operations across its markets will likely weigh heavily on its earnings over 2026-2027, says DBS Group Research's Zheng Feng Chee in a note. The taxi operator's fleet size in Singapore could shrink further as competitor Grab remains aggressive with its driver incentives, the analyst says. Meanwhile, flight disruptions related to the Middle East conflict are weighing on volume in the U.K., and a full recovery is unlikely to happen in 2H despite potential easing of these concerns then, he adds. He slashes his 2026 and 2027 earnings projections by 22% and 28%, respectively. DBS cuts its rating to fully valued from hold and trims its target price to S$1.11 from S$1.60. Shares fall 4.9% to S$1.35. (megan.cheah@wsj.com)

1844 GMT - 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)

1801 GMT - Finning International is entering a product support cycle that could be lucrative for the heavy-machinery dealer. In a report, Scotiabank's Jonathan Goldman says product support "could surprise to the upside this year" with consensus forecasting 4.6% growth for the segment in 2026, while "management PSU targets are based on +5.1% to +6.6%." Goldman notes that Canada should "pick up the slack from South America," with the Canadian truck population rising from 400 to 500 between 2023-2025 and another 50 to 60 expected to be delivered in 2026. Those trucks are starting to require regular maintenance, meaning Canada's product support growth should exceed oil sands production growth of greater than 2%-4%, Goldman says. Finning International up 7% to C$103.40. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 14, 2026 12:20 ET (16:20 GMT)

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