The Globe and Mail reports in its Friday edition that Desjardins analyst Gary Ho has reaffirmed his "buy" recommendation for Ag Growth International. The Globe's Darcy Keith writes that Mr. Ho has an unchanged share target of $82. The Globe adds that Mr. Ho sees a "blue-sky," or best-case, scenario where the stock exceeds his share target by between $18 and $36. Mr. Ho says Ag Growth's international segment accounts for about 33 per cent of the company's revenue today but has the potential to contribute up to 45 per cent in the near to medium term. Mr. Ho says in a note: "Ag Growth International is in geographies that are critical food pillars globally, yet are under-invested in ag infrastructure. Product transfers should reap tangible benefits in 2024. Despite near-term softness in Brazil and Australia farm due to dry conditions, we remain very bullish. ... South America, APAC and EMEA account for about one-third of last twelve months of revenue, and we believe they could outpace North America to represent about 40 to 45 per cent of the mix over the coming years, driven by local ag infrastructure buildout, product transfers and organic investments -- first in India, followed by Brazil, starting as early as 2H24."