The Globe and Mail reports in its Thursday, Dec. 21, edition that Acumen Capital analyst Trevor Reynolds has reaffirmed his "speculative buy" recommendation for Badger Infrastructure Solutions. The Globe's David Leeder writes in the Eye On Equities column that Mr. Reynolds boosted his share target by $1.50 to $47.50. Analysts on average target the shares at $42.31. Mr. Reynolds says Badger Infrastructure posted "another strong quarter." He says in a note, "With continued strength in demand, improved margins driven by pricing and cost management, and a more stable level of retirements expected over the coming years the outlook appears improved for Badger Infrastructure." The Globe reported on July 5 and Aug. 9 that Stifel analyst Ian Gillies continued to rate Badger Infrastructure Solutions "buy." The shares were then going for $28.05 and $34.74. The Globe reported on July 7 and Oct. 3 that Canaccord Genuity analyst Yuri Lynk had reaffirmed his "buy" recommendation for Badger Infrastructure when it was worth $30.61 and $33.