The Globe and Mail reports in its Tuesday, Sept. 30, edition that citing growing concerns that China's economic outlook is worsening, and demand for base metals and coal will fall, as a result, CIBC World Markets analyst Jacob Bout downgraded Finning International ($32.11) to "sector perform" from "sector outperform." The Globe's Darcy Keith and Jody White write in the Eye On Equities column that Mr. Bout says: "Most large-cap miners have reduced capital expenditure estimates into 2015, while original equipment manufacturers have lowered their outlooks for equipment demand for the next 12 months to 18 months. The outlook for Finning's South American operations and Canadian coal/base metals operations looks bearish, slightly offset by the oil sands (with a stable outlook) and the turnaround story (plan is implemented but results seem slow in coming)." On the positive side, Mr. Bout continues to expect steady improvements in margins as Finning implements its new strategic plan. He maintained a $35 price target. The Street on average, according to Thomson Reuters, targets the shares at $34.95. BMO analyst Bert Powell said sell Finning in The Globe on April 4. The shares could then be had for $30.