The Globe and Mail reports in its Friday edition that CIBC analysts Mark Jarvi and Robert Catellier made several adjustments to target prices for energy infrastructure companies and power producers in their coverage universe on Thursday. The Globe's David Leeder writes that Mr. Jarvi and Mr. Catellier say in a note: "We have modified estimates for the mid-streamers under coverage to reflect colder weather in Q1/25 and lower marketing margins going forward, including frac spreads and crack spreads, largely due to concerns on tariffs. Notably, the forward curve for oil prices is $10/Bbl lower since 'Liberation Day' and is in backwardation. We expect solid results for the regulated utilities, which would sustain the momentum in names that are benefiting from a flight to stability in these uncertain times. For power companies, we expect mixed results but overall we're biased to the downside given unfavourable weather trends and moderating power prices in key regions (e.g., Alberta). ... Q1 results/updates likely won't be catalysts to help surface this value." Mr. Catellier continues to rate Gibson Energy "outperformer." He gave his share target a $1 trim to $26. Analysts on average target the shares at $25.42.