The Globe and Mail reports in its Friday, June 20, edition that ATB Capital Markets analyst Tim Monachello has reaffirmed his "sector perform" recommendation for Ag Growth International. The Globe's David Leeder writes that Mr. Monachello gave his share target a $4 boost to $47. Analysts on average target the shares at $48.75. Mr. Monachello says the company's outlook is "mixed." Mr. Monachello says in a note: "Ag Growth International is setting up a fund to monetize long-term financing-related receivables associated with Brazilian commercial projects. This structure will provide optionality to support Ag Growth's balance sheet over the coming quarters. Given this structure and other avenues for receivables monetization, we now forecast Ag Growth's net leverage (excl. leases) to decrease to 3.1 times by year-end 2025. ... We are encouraged by the continued strength of Ag Growth's commercial outlook and the levers that [it] is pulling to support FCF and its balance sheet through the ongoing NAM farm downturn. Still, we believe meaningful upside in Ag Growth shares requires more tangible evidence of an improving outlook for NAM farm demand especially given its shares are up 23 per cent since Q1/25 results."