The Globe and Mail reports in its Friday, June 5, edition that Stifel analyst Greg MacDonald has reiterated his "buy" recommendation for MDA Space. The Globe's David Leeder writes that Mr. MacDonald's share target advanced $13 to $70. Analysts on average target the shares at $59.78. Mr. MacDonald warns the rapid, recent appreciation in share price enjoyed by MDA Space is likely to slow, but he remains bullish on its longer-term prospects. Mr. MacDonald says in a note: "Space stocks have been on a strong run in the past month and MDA has participated (up 63 per cent vs TSX at up 3 per cent). Given the pace and magnitude of the moves, it stands to reason that the stock may take a pause while catalysts catch up. Nonetheless, we are adjusting our target in anticipation of both military and commercial mega-constellation opportunities that could be announced in 2H26. MDA shares have rallied alongside U.S. space names. ... Based on 2027 estimates, the stock trades at four times sales and 21 times EBITDA. ... Our estimates are not materially different from consensus, however we believe consensus is conservative relative to the growing defence opportunity as referenced by the $40-billion pipeline and contract opportunities."