The Globe and Mail reports in its Friday edition that National Bank Financial analysts Dan Payne and Travis Wood have reaffirmed their "outperform" recommendation for CES Energy Solutions. The Globe's David Leeder writes in the Eye On Equities column that Mr. Payne and Mr. Wood gave their share target a $2 boost to $15. Analysts on average target the shares at $13. The National Bank analysts say in a note: "We maintain high confidence in CES Energy's business, where its highly entrenched offering should continue to gain traction through emerging thematics (intensity) plus expanding market share, as unique in an otherwise anemic activity landscape. Bottom line, its high-quality consumable chemicals business (increasingly competing in a vacuum) should continue to experience customer-driven product adoption, as referenced in recent new business wins (compounding to margins through operating leverage), and which should see it realize earnings momentum in support of meaningful free cash (given its capital light model) and a continued cadence of return of capital (through its cash yield and buy-back)." The Globe reported on Nov. 28 that ATB Capital had reaffirmed its "outperform" call for CES Energy. It was then worth $12.29.