The Globe and Mail reports in its Tuesday, July 14, edition that National Bank Financial analyst Maxim Sytchev notes that we're experiencing a highly bifurcated period for industrial products. The Globe's David Leeder writes that Mr. Sytchev highlights that the "long-AI trade" has boosted construction and machinery sectors while negatively impacting asset-light consulting models. Mr. Sytchev says in a note: "So far there has been very little to cheer about as fears around disruption and meandering growth prospects compound the negative AI thematic. ... Dislocations can take longer to play out from a sentiment reset perspective, even for industries that continue to show positive financial momentum; the only 'solution' is accelerated growth (akin to CrowdStrike) but given material funds outflowing for military necessities, tax cuts and healthcare, the prospects of an accelerated non-data centre infrastructure splurge appears unlikely in the U.S. (a big sentiment driver for engineers given material top line exposure for our coverage)." Mr. Sytchev continues to rate Bird Construction "outperform." He boosted his share target by $15 to $72. The average on the Street is $66.