The Globe and Mail reports in its Wednesday, May 3, edition that Canaccord Genuity analyst Yuri Lynk has an unchanged "buy" recommendation on Bird Construction. The Globe's David Leeder writes that Mr. Lynk gave his share target a $1 lift to $12. Analysts on average target the shares at $11.56. On April 24 Bird announcement that it had been awarded $300-million in new work through master service agreements. Mr. Lynk says in a note: "These awards represent $300-million in incremental recurring work to be performed over the next three to seven years, further enhancing Bird's revenue visibility. Management notes it is capitalizing on numerous secular demand drivers for Bird's construction services, which include the energy transition, renewed investment in mines (EV metals, potash, oil sands), and the infrastructure build-out. This strong demand, combined with several competitors having left the industry, is allowing Bird to negotiate lower-risk contracts and generate higher margins. Bird trades at eight times 2023 estimated EPS despite its attractive growth profile, strong balance sheet, and 5-per-cent dividend yield." The Globe reported on Aug. 5 that Mr. Lynk rated Bird Construction "buy" when it was worth $7.03.