The Globe and Mail reports in its Wednesday, Oct. 8, edition that Stifel analyst Ian Gillies predicts third quarter earnings season in Canada's industrial sector is likely to be "ho-hum" with investor focus shifting to 2026 expectations. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gillies continues to rate Adentra "buy." Mr. Gillies gave his share target a $6 trim to $45. Analysts on average target the shares at $44.56. Mr. Gillies says in a note: "Unsurprisingly, those companies with exposure to (1) government spending and (2) AI related spending (data centres, power, nuclear, et cetera) are going to have the 'easiest' time outlining growth prospects for 2026E. More interesting commentary is likely to come from those with ties to the consumer such as [Adentra] and [Doman Building Materials Group], as falling interest rates are likely to improve consumer sentiment in 2026E and could drive increased demand. The 'murky middle' remains much more difficult to call as we believe there are real pockets of weakness in the industrial economy, which is hurting demand for the likes of Mattr, Russel Metals and Algoma Steel (much of which is reflected in weak valuations)."