The Globe and Mail reports in its Friday, Dec. 13, edition that Aecon Group is still an "outperformer" for CIBC World Markets analyst Krista Friesen. The Globe's David Leeder writes that Ms. Friesen jacked her share target up by $6 to $35. Analysts on average target the shares at $30.64. Ms. Friesen says in a note: "Over the past year there have been a number of positive developments in the Aecon Group story, including the company nearing the completion of its legacy fixed-price contracts, movement toward a more stable margin profile, and growth in the nuclear and power businesses. As we look to 2025, we expect completion of the legacy fixed-price contracts, which should remove an overhang on the story, and an increased focus on growth opportunities within nuclear and power through Aecon's partnership with Oaktree. While Aecon's share price is up 104 per cent year-to-date, we foresee continued upside potential." The Globe reported on Nov. 5 that TD Cowen analyst Michael Tupholme had upgraded Aecon Group to "buy" from "hold" when it was worth $28.59. The Globe reported on Dec. 5 that National Bank analyst Maxim Sytchev had downgraded Aecon Group to "sector perform" from "outperform." It was then worth $27.75.