The Globe and Mail reports in its Friday, Aug. 15, edition that National Bank Financial analyst Maxim Sytchev continues to rank Bird Construction "outperform." The Globe's David Leeder writes that Mr. Sytchev gave his share target a $2 trim to $26. Analysts on average target the shares at $33.25. Mr. Sytchev says in a note: "15-per-cent downdraft [on Thursday] does feel aggressive, but going from a 10-per-cent CAGR [compound annual growth rate] to an 11-per-cent organic decline in Q2/25 and generally subdued revenue language for the remainder of 2025E is appropriate to us; while backlog additions are of course encouraging, some are being added to already delayed projects, negating somewhat the funnel of immediate revenue dynamic. We are impressed by the company's EBITDA performance (construction peers could only dream of that predictability) and track record of allocating capital, but we would like to see the full cycling through of consensus expectations. A random tweet could further tip the risk/reward skew on a downdraft." The Globe reported on March 14 and May 16 that Mr. Sytchev had reaffirmed his "sector perform" recommendation for Bird Construction. The shares could then be had for $21.51 and $25.31.