The Globe and Mail reports in its Thursday edition that BMO Capital analyst John Gibson has reaffirmed his "outperform" recommendation for Enerflex. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gibson trimmed his Enerflex share target to $10 from $11. Analysts on average target the shares at $11.10. Mr. Gibson says in a note: "Enerflex's headline EBITDA number missed expectations, mostly due to higher-than-expected costs from its Cryo project in Kurdistan. A drone attack post-quarter has also caused a force majeure, with operations now suspended. That said, there were some very positive data points, including significant free cash and debt repayment in the quarter. We expect Enerflex stock to come under some pressure [Wednesday], and are decreasing our target price." The Globe reported on April 26, 2023, and Oct. 6, 2023, that Mr. Gibson had reaffirmed his "outperform" recommendation for Enerflex when it was worth $7.73 and $5.82. The Globe reported on Feb. 6, 2024, that ATB Capital rated Enerflex "outperform." It was then worth $6.68. The Globe reported on March 1, 2024, that Raymond James analyst Michael Barth was keeping his "outperform" ranking for Enerflex intact. It was then worth $8.45.