The Globe and Mail reports in its Friday, July 7, edition that Canaccord Genuity analyst Yuri Lynk has reaffirmed his "buy" recommendation for Badger Infrastructure Solutions. The Globe's David Leeder writes that Mr. Lynk boosted his share target by $4 to $44. Analysts on average target the shares at $36.97. Mr. Lynk believes Badger Infrastructure is poised to outperform. He thinks its current valuation does not reflect its "compelling growth prospects." Mr. Lynk says in a note: "The company is enjoying strong macro tailwinds: U.S. nonresidential construction spending is up 17 per cent year-to-date through May while 'safe-digging' continues to gain momentum. Meanwhile, management is proving out its ability to capitalize on a strong market as evidenced by Q1/2023 revenue increasing 25 per cent year-over-year, EPS going to 8 cents from (15 cents) in Q1/2022. Despite this, the stock's returns are up 6 per cent year-to-date, underperforming the 7-per-cent increase in the S&P/TSX Industrials Index. Therefore, we would be adding to positions ahead of the release of what we expect to be strong Q2/2023 results in August. ... Higher rates could drive upside to our revenue and margin estimates, all else equal."