The Globe and Mail reports in its Thursday, Feb. 19, edition that CIBC World Markets analyst Ty Collin upgraded Magna International to "outperformer" from "neutral" after fourth quarter results and 2026 guidance exceeded his expectations. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Collin's share price soared $20 to $76 (all figures U.S.). Analysts on average target the shares at $62.59. Mr. Collin says in a note: "While the outlook for the auto industry remains uncertain, Magna is demonstrating it can generate stronger profitability and cash flow even in a flat production environment, with runway for continued improvement. Although Magna may have been a bit slow responding to changing market realities, we believe the company has made meaningful adjustments and is clearly returning its focus to cash flow generation, disciplined capital allocation and returning capital to shareholders. ... Our 2026E/2027E forecasts for EBIT rise by 9 per cent/9 per cent and EPS by 18 per cent/16 per cent, representing estimated EPS growth of 23 per cent/18 per cent. We lift our target-setting EBITDA multiple by half a turn (to 5.5 times) and P/E multiple by one turn (to 10 times)."