The Globe and Mail reports in its Wednesday, Sept. 3, edition that ATB Capital Markets analyst Tim Monachello has upgraded Questor Technology to "speculative buy" from "sector perform." The Globe's David Leeder writes that Mr. Monachello's share target soared 40 cents to 85 cents. Analysts on average target the shares at 78 cents. Mr. Monachello sees the growth of Questor Technology's Mexican rental fleet business as "the most tangible and material opportunity the company has faced since its earnings collapsed in 2020, carrying potential to drive a transformational inflection in earnings over the medium-term." Mr. Monachello says in a note: "Questor's strong Q2/25 results were a function of deliveries for multiple international orders signed over recent quarters. While we expect Questor's results to trend lower in Q3/25 given that its sales backlog has largely been executed, we understand that it has secured rental work in Mexico that has the potential to transform its earnings profile over the coming quarters, and could provide significant upside for investors. ... We understand Questor has deployed six Q5000 incinerators in Mexico on a long-term contract, with line of sight to an additional six units in Q4/25."
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