The Globe and Mail reports in its Thursday, July 9, edition that CIBC World Markets analyst Krista Friesen says the first half of 2026 has "been a story of the haves and have-nots." The Globe's David Leeder writes in the Eye On Equities column that Ms. Friesen says in a note: "Investors have crowded into perceived AI winners while steadily exiting businesses viewed as vulnerable to AI disruption, creating one of the widest valuation gaps we have seen in years. The engineering companies have found themselves on the wrong side of that trade despite our belief that AI will not fundamentally alter their long-term growth trajectory." Previewing earnings season for the industrial sector, Ms. Friesen says she continues to "disagree with the market's classification of the group as 'AI losers,'" however she emphasizes "it is increasingly difficult to point to a near-term catalyst that will force a reversal in sentiment. ... For now, valuation is doing the heavy lifting." Ms. Friesen continues to rate Bird Construction "outperformer." Her share target soared $6 to $71. Analysts on average target the shares at $65.