The Globe and Mail reports in its Wednesday, Jan. 8, edition that National Bank Financial analyst Maxim Sytchev continues to rate Bird Construction "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Sytchev raised his share target to $10 from $9.50. Analysts on average target the shares at $89.77. Mr. Sytchev believes free-cash-flow-generating firms in the engineering and construction sector "deserve more attention" in 2020. Mr. Sytchev says in a note: "We see resumption of value stocks 'working' against an uncertain macro backdrop (hence why SVX Index -- 'value' doing better vs. SGX -- 'growth' in 2019 could be an early innings trade). Cash-generative firms should therefore deserve more attention during the last hurrah of this cycle. We are also seeing some incremental sector rotation into the cyclical names that have rejuvenated our coverage universe as the majority of our stocks have rallied back into positive-sentiment territories; trade normalization between China/U.S. being the largest contributing factor. In a 'watch out' column, we do want to highlight to investors that some of the recession indicators started to perk up recently."