The Globe and Mail reports in its Tuesday, May 26, edition that BMO Capital Markets analyst John Gibson, seeing "multiple verticals" enhancing Bird Construction's backlog and margin expansion, raised his share target to $70 from $60, while maintaining an "outperform" recommendation, after meetings with the company's management. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $59.86. Mr. Gibson says in a note: "Overall, we expect multiple verticals to drive backlog and margin growth into 2027 and beyond. Post update, we are increasing our target price to $70 ($60 prior). Admittedly, the opportunities in front of Bird continue to be larger than expected (most notably on the data centre front)." The Globe reported on May 15 that Mr. Gibson had upgraded Bird Construction to "outperform" from "market perform." The shares could then be had for $58.35. The Globe reported on May 20 that TD Cowen analyst Michael Tupholme had reaffirmed his "buy" recommendation for Bird Construction. The shares were then going for $57.60.