The Globe and Mail reports in its Friday, Aug. 2, edition that CIBC World Markets analyst Krista Friesen has boosted her recommendation for NFI Group to "neutral" from "underperformer" and share target to $20 from $12.50. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $21. Ms. Friesen says in a note: "Heading into Q2 reporting, our 'underperformer' rating reflected execution concerns within NFI Group's manufacturing division, as well as financial concerns, specifically the company's heightened interest expense. While the company's Q1 earnings had come in better than we and the Street had anticipated, our concerns were not yet alleviated with manufacturing (the core capability of the business) not contributing to earnings. With that said, NFI's Q2 results have helped alleviate these concerns." The Globe reported on May 7 that National Bank Financial analyst Cameron Doerksen had reaffirmed his "outperform" recommendation for NFI Group. The shares could then be had for $13.31. The Globe reported on June 28 that National Bank Financial analyst Cameron Doerksen had reaffirmed his "outperform" recommendation for NFI Group. The shares could then be had for $15.84.