The Globe and Mail reports in its Friday edition that National Bank's Maxim Sytchev has reaffirmed his "sector perform" recommendation for Aecon Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sytchev advanced his share target by 50 cents to $10. Analysts on average target the shares at $13.04. Mr. Sytchev says he sees "more risks on the horizon" for industrial products companies heading into 2024 as the "consensus has shifted its view from a recession at the start of 2023 to a greater acceptance of a soft landing. We see political risks shifting to the right of the spectrum, potentially impacting sentiment of infra-friendly names. We are staying sharp and nimble, although it's hard to advocate for material trimming at the moment." The Globe reported on March 3, 2022, that Mr. Sytchev lowered his rating for Aecon Group to "sector perform" from "outperform." The shares could then be had for $15.91. The Globe reported on Sept. 26, 2023, that CIBC had reaffirmed its "neutral" call for Aecon when it could be had for $11.02. The Globe reported on Oct. 27, 2023, that Raymond James analyst Frederic Bastien had cut Aecon to "market perform" from "outperform." It was then worth $9.30.