The Globe and Mail reports in its Thursday, Feb. 5, edition that Desjardins Securities analyst Gary Ho has reaffirmed his "buy" recommendation for Superior Plus. The Globe's David Leeder writes in the Eye On Equities column that Mr. Ho gave his share target a 25-cent trim to$8.75. Analysts on average target the shares at $9.50. Mr. Ho says Superior Plus should benefit from colder weather in both the fourth quarter of 2025 and so far in 2026, however, he warns "recent operational changes may delay this impact." Mr. Ho says in a note: "We await new 2026 guidance and refreshed Superior Delivers and buyback expectations, as well as Superior Plus's strategy to repay $260-million (U.S.) in Brookfield prefs by mid-2027, if the share price does not warrant conversion. ... While weather was favorable for both the U.S. (14 per cent colder than five-year average) and Canada (5 per cent), Superior Plus may not fully capture the benefit of stronger demand in Q4 due to ongoing Superior Delivers related work force and fleet rationalization. That said, unfulfilled orders are likely to shift into 1Q26. ... Superior Plus is a leading energy distributor with recession-resistant attributes."
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