The Globe and Mail reports in its Tuesday, Jan. 13, edition that Desjardins Securities analyst Benoit Poirier has reiterated his "buy" recommendation for TFI International. The Globe's David Leeder writes that Mr. Poirier gave his share target a $3 boost to $173. Analysts on average target the shares at $159.49. Mr. Poirier says in a note: "TFII -- mixed LTL [less-than truckload] peer mid-4Q tonnage numbers and continued ISM weakness push our near-term estimates slightly lower. On the November tonnage numbers posted by U.S. LTL peers, it was a mixed bag as SAIA and ARCB showed positive year-over-year inflection but XPO and ODFL tonnage came in below expectations and remained negative. We read this as driven by LTL market share likely just changing hands as both November and December ISM PMI came in below consensus and remained in contraction territory (10th consecutive month), pointing to continued softness in industrial demand. Consequently, we have reduced our 4Q25 EPS estimate to 87 U.S. cent (from 96 U.S. cents). We also decided to increase our exit multiples to 18 times P/E (from 17 times) and nine times EV/EBITDA (from 8.5 times) to account for recent multiple expansion in the sector driven by regulatory changes."