The Globe and Mail reports in its Friday, Dec. 13, edition that CIBC World Markets analyst Krista Friesen continues to rate Bird Construction "neutral." The Globe's David Leeder writes in the Eye On Equities column that Ms. Friesen gave her share target a $4.50 boost to $34. Analysts on average target the shares at $35.38. Ms. Friesen says in a note: "The company's shares are up over 100 per cent, its combined backlog hit a record $7.9-billion in Q3, and it hosted a successful Investor Day in October at which it announced solid targets. As introduced in its 2025-2027 strategic plan, Bird Construction will focus on key strategic end-markets, which should help drive double-digit revenue growth and margin expansion. We believe current macro trends support Bird Construction's goals, and when combined with the company's 'One Bird' strategy, and operational excellence initiatives, we expect Bird Construction to achieve its targets. However, we think the rest of the market also believes that Bird Construction will achieve its targets, resulting in shares which are pricing in perfect execution and a supportive macro environment over the next three years."