The Globe and Mail reports in its Saturday, Jan. 20, edition that Raymond James analyst Andrew Bradford says CES Energy Solutions will see little impact from a lower 2018 and 2019 Canadian rig count. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bradford continues to rate the shares "strong buy," with an $8.50 share target. Analysts on average target the shares at $9.04. Mr. Bradford says in a note: "While we do see marginal risk in the 4Q17 consensus EBITDA figure; frankly, our conviction here is low by virtue of the small spread between our estimate and the consensus. We're looking for $38-million EBITDA while the consensus is at $42-million. We are further below the 1Q18 consensus figure at $43-million versus $51-million. This 1Q disparity isn't specific to CES, but rather it is a function of our expectation for an earlier 'economic' spring breakup, in which the natural seasonal impact of thawing ground is amplified by a greater need for producers to preserve cash flow. ... CES is continuing to advance its fracturing chemistry to improve on the standard for fracturing with briny produced water. We still don't expect a commercial product will be available until early 2019."