The Globe and Mail reports in its Friday edition that Scotiabank analyst Jonathan Goldman resumed coverage on NFI Group with a "sector outperform" recommendation and $22 price target. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Goldman says in a note: "The company has been through the wringer over the past five years with COVID-19, the global supply chain crisis, a troubled seat supplier and more recently tariffs. Shares are down 45 per cent since early 2020. With a favourable funding environment, record backlog and good visibility on improved pricing, we view NFI as an execution story. The company is turning a corner on the seat supplier issue, with production set to ramp in 2H. Higher throughput and price/cost recovery should support an upcycle in profitability and cash generation through our forecast and accelerate deleveraging, which would be a catalyst for a re-rate." The Globe reported on June 5 that Stifel analyst Daryl Young continued to rate NFI Group "buy." The shares were then going for $15.23. The Globe reported on July 18 that BMO Capital analyst John Gibson had elevated his recommendation for NFI Group to "outperform" from "market perform." The shares were then going for $19.11.