The Globe and Mail reports in its Wednesday, Feb. 25, edition that Desjardins Securities analyst Frederic Tremblay is keeping his "buy" recommendation for Foraco International intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tremblay gave his share target a $1.50 boost to $4.50. Analysts on average target the shares at $3.38. Mr. Tremblay says in a note: "Within the Q4 release on March 2, we will be looking closely for comments on the outlook amid what appears to be a sharp acceleration in demand for drilling services supported by historically high gold and copper prices, and constructive financing activity. Our 2026–27 forecasts reflect our view that Foraco stands to strongly benefit from an improvement in market conditions." The Globe reported on Dec. 4, 2024, and Feb. 10, 2025, that Mr. Tremblay had rated Foraco "buy." In the first item Mr. Tremblay said, "Foraco appears well-positioned for what could be a game-changing expansion into the U.S." Its shares could then be had for $2.34 and $1.99.