The Globe and Mail reports in its Friday edition that National Bank's Maxim Sytchev has reiterated his "outperform" recommendation for GFL Environmental. The Globe's David Leeder writes that Mr. Sytchev continues to target the shares at $78. Analysts on average target the shares at $74.93. Mr. Sytchev says in a note: "GFL shares are oversold, time to step in, again; The LTM [last 12-month] performance of GFL shares vs. the TSX is rather unusual, up 3 per cent vs. up 30 per cent; this is the biggest negative rolling delta since Spring, 2022, when concerns around the ability to pass on cost inflation (labour and materials) and higher interest rates post an active M&A program exacerbated investor sentiment. With normalized leverage, an active tuck-in slate which has historically been well received by the market, an expected 75 basis points contribution to the 2026E topline from the continued EPR rollout, ancillary surcharges, a greater push toward fixed charge increases vs. CPI, and operational efficiencies should lead to double-digit EBITDA growth in 2026E. For a defensive name that lagged the market to such a material degree, we view the operational set-up combined with reasonable valuation as very attractive."