The Globe and Mail reports in its Wednesday edition that Scotia Capital analyst Jonathan Goldman, in a client report titled Did Finning Just Become a Growing Perpetuity?, predicts the company can reach $120 per share in the near-term based on further multiple expansion. The Globe's David Leeder writes that Mr. Goldman says in a note: "Finning International shares are trading at a 10 times discount to Toromont Industries vs. the 10-year average of 6.5 times. Besides closing the historical valuation gap, we see further upside on the multiple as oil sands customers operating and capital discipline is translating to Finning's earnings by reducing earnings volatility, which has been one of the key arguments for a perennial discount to Toromont. In 2025, the company did $3.1-billion product support revenue and $450-million EBIT in Canada, up 50 per cent and up 45 per cent vs. 2019, despite WTI hovering in the low-60s. So, we don't buy the inherent volatility of the commodity argument anymore." Mr. Goldman continues to rate Finning "sector outperform." He gave his share target a $13 boost to $105. Analysts on average target the shares at $96.80.