The Globe and Mail reports in its Friday edition that Industrial Alliance analyst Elias Foscolos raised his rating for Keyera to "strong buy" from "buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Foscolos hiked his share target to $29 from $26. Analysts on average target the shares at $26. Mr. Foscolos says in a note: "KEY's reported adjusted [earnings before interest, taxes, depreciation and amortization] of $183-million for Q2 represents a solid beat. This highlights the resiliency of not only the company's business lines but also its operating philosophy as all three of its business segments performed better than expected. Keyera did not increase its dividend in conjunction with the Q2 results, however, we believe that an increase before year-end is possible if the current situation remains stable. ... There is a lot of growth coming. We believe KEY represents the most attractive stock within the pure midstream space. Annualized EBITDA from Q2 is $720-million. When we factor in contributions from the Wapiti Phase II gas plant (Q4/20), Pipestone gas plant (Q3-Q4/20), and Wildhorse terminal (Q4/20) along with annualized cost savings, we feel comfortable with our 2021 estimate."