The Globe and Mail reports in its Friday edition that Scotia Capital analyst Jonathan Goldman has reiterated his "sector outperform" ranking for Finning International. The Globe's David Leeder writes in the Eye On Equities column that Mr. Goldman's share target soared $7 to $71. Analysts on average target the shares at $67.44. Mr. Goldman says in a note: "For Finning, we expect fairly stable end-market activity with last quarter including steady production growth in the oil sands production with E&Ps still making good money at cash opex of $20 to $30/bbl and no improvement in construction in Canada; steady copper production in Chile as the driver is more mine optimization and declining ore grades than commodity pricing; and no improvement in the U.K. LTIP should remain elevated given share price appreciation albeit slightly less pronounced than last quarter. Putting it altogether that suggests EPS flat to slightly up from last quarter at $1.01. Upside to our numbers could come from cost reduction initiatives while record backlog of $3-billion, including one third in power systems, is supportive of valuation." The Globe reported on Aug. 8 that Mr. Goldman rated Finning "sector outperform." It was then worth $57.40.