The Globe and Mail reports in its Wednesday, July 22, edition that Scotia Capital analyst Robert Hope, while acknowledging second quarter results for energy infrastructure companies are "likely to be mixed," expects investors to "remain focused on the increasingly favourable medium-term backdrop." The Globe's David Leeder writes in the Eye On Equities column that Mr. Hope says in a note: "Improving fundamentals across North American energy infrastructure, growing power demand from data centres and electrification, a more supportive regulatory environment, and an expanding project sanctioning cycle should outweigh what we view as a largely transitory quarterly earnings variability. As a result, we believe management commentary on capital projects, backlog growth and demand trends will be more important to share price performance than the quarter itself, supporting continued investor interest in the sector. ... Overall, we continue to favour gas-levered pipeline and midstream companies." Mr. Hope continues to rate Atco "sector perform." Mr. Hope hiked his share target to $79 from $70. Analysts on average target the shares at $73.40.