The Globe and Mail reports in its Friday, June 28, edition that National Bank Financial analyst Cameron Doerksen has reaffirmed his "outperform" recommendation for NFI Group. The Globe's David Leeder writes in the Eye On Equities column that Mr. Doerksen gave his share target a $2 boost to $21. Analysts on average target the shares at $16.90. Mr. Doerksen says in a note: "With three of NFI's competitors (Nova Bus, ENC, and Proterra) effectively exiting the U.S. heavy-duty transit bus market in the last year, it has resulted in the U.S. market becoming a duopoly with NFI's New Flyer subsidiary and privately held Gillig. This has created an opportunity for NFI to further grow its 50 per cent installed base share in the U.S., especially given the significant barriers to entry that make it unlikely a new competitor will enter the market for at least several years. ... While end market demand and the competitive dynamics are clearly more favorable for NFI in North America, bus demand in the U.K. market may be in the early stages of an up-cycle as bus operators replace aging fleets and invest in electrification. ... [NFI] has maintained a strong market position in the U.K. with an estimated 50-per-cent share."