The Globe and Mail reports in its Wednesday, Aug. 6, edition that National Bank Financial analyst Zachary Evershed continues to rate TerraVest Industries "outperform." The Globe's David Leeder writes in the Eye On Equities column that ahead of its Aug. 14 earnings release, Mr. Evershed lowered his TerraVest Industries share target by $5 to $200 after trimming his projections for its compressed gas business. Mr. Evershed says in a note, "With a long M&A runway, a stellar integration track record and a knack for extracting organic growth from historically low-growth industries, we rate TerraVest Industries 'outperform.'" The Globe reported on Nov. 27 that Mr. Evershed had downgraded TerraVest Industries to "sector perform" from "outperform." The shares could then be had for $114.43. The Globe reported on March 19 and May 27 that Desjardins Securities analyst Gary Ho had reaffirmed his "buy" recommendation for TerraVest Industries. The shares were then going for $137.16 and $164.