The Globe and Mail reports in its Thursday, May 8, edition that National Bank Financial analyst Maxim Sytchev has reaffirmed his "outperform" recommendation for Ag Growth International. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sytchev gave his share target a $2 boost to $51. Analysts on average target the shares at $47.63. Mr. Sytchev thinks Ag Growth's year is "progressing as expecting" and continues to see 2025 as a likely inflection point as the food and agricultural cycle moves "closer to the bottom." Mr. Sytchev says in a note: "We would have thought the stock would have experienced a bigger relief rally post the quarter but questions around working capital are telling in a way that leads to meagre FCF generation (at least in the short-term). Ultimately, the shape of a farm recovery cycle will determine the share price directionality; for the time being, Farm expectation are subdued, creating a positive risk/reward dynamic at the current Ag Growth share price. The stock has lagged its ag cohort on year-to-date basis; management of expectations is of course part of the story but year-over-year top-line decline was still much less pronounced on Commercial strength."