The Globe and Mail reports in its Friday, Aug. 8, edition that National Bank's Maxim Sytchev has reaffirmed his "sector perform" recommendation for RB Global. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sytchev hiked his share target by $1 to $113 (all figures U.S.). Analysts on average target the shares at $116.23. Mr. Sytchev says in a note: "This was a good print, no argument there. ... The Street, however, is modeling EBITDA of $689-million in H2/25E vs. $662-million implied at the midpoint of guidance (which does not account for hurricane-related volumes; we guesstimate this to be in the $10-million range of EBITDA). Net-net, the positive earnings revision momentum is likely to moderate in the short term, partly removing a quantitative catalyst as a result; while 12 months ago, we also could make an (easy) argument that operational improvements would be married with multiple expansion, the latter is more challenging now as Copart's NTM [next 12-month] P/E multiple compressed from 35 times to 27 times, in line to where RB Global is sitting on 2026E. We would like to get a better sense of EPS acceleration, contingent on a better transactional backdrop in the legacy construction space."