The Globe and Mail reports in its Friday, March 1, edition that BMO Capital analyst John Gibson has reaffirmed his "outperform" recommendation for Pason Systems. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gibson lowered his share target to $18 from $21. Analysts on average target the shares at $18.57. Mr. Gibson says in a note: "Pason Systems reported solid Q4/23 results that also included a modest dividend bump. While rig counts continue to wane, we believe the company should continue to produce solid results as improved pricing/production adoption carries on. Its recent acquisition of IWS also represents a strong longer-term growth opportunity." The Globe reported on Aug. 13, 2021, that Mr. Gibson had boosted his rating for Pason Systems to "outperform" from "market perform." Mr. Gibson said Pason Systems was trading at a decent price. It was then worth $9.02. The Globe reported on Nov. 7, 2023, that RBC Capital analyst Keith Mackey had reiterated his "outperform" recommendation for Pason Systems. In the item Mr. Mackey said, "We continue to view Pason as an attractive way to gain exposure to E&P drilling capex spend." The shares could then be had for $13.66.