The Globe and Mail reports in its Wednesday edition that BofA Securities analyst Michael Feniger has elevated his recommendation for RB Global to "buy" from "neutral." The Globe's David Leeder writes that Mr. Feniger continues to target the shares at $120 (all figures U.S.). Analysts on average target the shares at $118.57. Mr. Feniger says in a note: "After RB Global share price pull back, we believe risk-reward is turning more favourable. RB is a leading marketplace for used assets (construction -- CC&T, salvage vehicles -- auto). While we would not dismiss recent overhangs (limited catastrophic events, decline in repairable claims, used auto concerns) and we do not view Q3 as a catalyst (BofA estimate: no upside to 2025 guide), we are looking through to a positive one-term story that builds in 2026: CC&T inflects, auto share gain story, new management starts flexing its muscles. ... We believe as the dust settles around auto credit headlines, the drivers in RB's salvage market (repair costs, rising vehicle complexity) is unique versus overall used transactions. That said, we believe the auto financial strain on households is likely shifting behavior (i.e. decline in repair claims) but more on the margin."