The Globe and Mail reports in its Friday edition that National Bank Financial analysts Dan Payne and Travis Wood continue to rate Pason Systems "sector perform." The Globe's David Leeder writes that Mr. Payne and Mr. Wood gave their share target a $1.50 trim to $15.50. Analysts on average target the shares at $14. The National Bank analysts say in a note: "Again, very much a differentiated offering in the OFS space, as it continues to complement its highly entrenched product suite through reinvestment towards growth in new technology. While higher industry activity levels are likely needed to gain a full appreciation for the market opportunity, we continue to believe that it should capture breadth (if not depth) of market share, which should compound upon that ultimate inflection in the rig (and frac) count. To that end, we see Pason Systems as holding some of the greatest embedded option value in the group, which is arguably underappreciated in a multiple that has lagged over the past year. Bottom line, long-term value is being created here, while resilience of its base business and associated free cash therein (funding its cash yield and positive working capital) should hold investors over until the prize manifests."