The Globe and Mail reports in its Friday, Aug. 14, edition that National Bank Financial analyst Maxim Sytchev has reaffirmed his "outperform" recommendation for Bird Construction. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sytchev's share target soared $20 to $92. Analysts on average target the shares at $69.86. Mr. Sytchev says in a note: "In order to be in the right place at the right time, one needs to have prepared the platform years in advance. Bird is now reaping the benefits of strategic decisions undertaken by management three to five years ago; we agree with the company's assessment that a generational level of spending across most of the company's verticals is upon us but critically Bird now has a full suite of capabilities to actually benefit from that upturn. With an 8-per-cent EBITDA margin within our sight, we suspect there will be another ratchet in margins in the next planning cycle as there is more higher profitability mix entering the company's backlog and eventually P&L." Mr. Sytchev thinks the Mississauga-based company's second quarter results were an "impressive showing and further improvement in outlook" and now sees it "firing on all cylinders."