The Globe and Mail reports in its Friday, June 20, edition that National Bank Financial analyst Michael Doumet has reaffirmed his "outperform" recommendation for Secure Waste Infrastructure. The Globe's David Leeder writes in the Eye On Equities column that Mr. Doumet gave his share target a 50-cent boost to $17.50. Analysts on average target the shares at $17.30. Mr. Doumet was optimistic about the gains from Secure Waste's newly acquired metal recycling and waste processing facility near Edmonton, noting its "infrastructure-type quality." Mr. Doumet says in a note: "The location, capital-intensity and existing market share make the facilities (and network) near impossible to replicate. More broadly, we believe Secure Waste is content to continue to play (and grow) within its sandbox (i.e. infrastructure-type assets in Western Canada), where the business generates strong returns and where management continues to see a decent runway for growth." Mr. Doumet says Secure sits in a "structurally better" position following its acquisition of Tervita, in 2021, and the divestiture of non-core oil field service business units in 2022 and 2023, however, he emphasizes it is "not yet at its final destination."