The Globe and Mail reports in its Friday edition that Stifel's Justin Keywood is keeping his "buy" call on Savaria intact. The Globe's David Leeder writes that Mr. Keywood boosted his share target by a loonie to $25. Analysts on average target the shares at $25.79. Mr. Keywood believes Savaria shares are poised to rerate higher. Mr. Keywood says in a note: "The company is near successfully complete Savaria One, a pursuit to improve EBITDA margins from approximately 15 per cent to 20 per cent, among other goals over two years. Q2 EBITDA margins were 20.6 per cent, as guided and $925-million 2025 sales is close to the $1-billion goal. Savaria has a history of meeting ambitious goals and sets up well for Savaria 2.0, where further margin expansion and scale is expected to be conveyed in 1H/2026. An active M&A pipeline was also described, where good assets in the assisted lift sector could benefit from the operational excellence and automation, demonstrated with Savaria One, leading to wide synergies. Savaria's balance sheet helps support M&A (1.3 times leverage) as FCF should torque up, with one-time fees dropping off in 26'." Mr. Keywood thinks Savaria is "evaluating several targets in the assisted lift sector."