The Globe and Mail reports in its Tuesday, Jan. 20, edition that Scotia Capital analyst Jonathan Goldman views Savaria as a top pick again, noting potential upside in its fourth quarter numbers that support the rollout of Savaria 2.0 in April. The Globe's David Leeder writes that Mr. Goldman continues to rate Savaria "sector outperform." Mr. Goldman gave his share target a $3 boost to $29. Analysts on average target the shares at $28. Mr. Goldman says in a note: "Shares are up only 13 per cent in the past four years (with all of that return back-end weighted) despite growing EBITDA/share by 70 per cent over the same period. Implementation of Savaria 2.0 and easy comps should support a re-acceleration of organic growth and a potential rerate closer to the 10-year average of 12 times from 10.4 times. The B/S is in the best shape since the transformational acquisition in 2021 with leverage at 1.2 times. We have leverage coming down further to 0.6 times exiting 2026 as consultant fees roll-off and FCF ramps. The tone around tuck-in M&A was much more bullish on the last call, in our view. Following several operational challenges in 2022 and 2023, we think investors view Savaria One targets as overly ambitious."