The Globe and Mail reports in its Friday, Aug. 4, edition that RBC Capital Markets analyst Keith Mackey has reaffirmed his "outperform" recommendation for Step Energy Services. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mackey tweaked his share target ahead by 75 cents to $5. Analysts on average target the shares at $3.56. Mr. Mackey says in a note: "Step Energy Services' 2Q23 results exceeded our expectations on stronger financials in its Canada division. Step Energy sees stability in its U.S. division through the rest of the year, which should likely reverse some of the recent share price underperformance. We increase our FY23/24 EBITDA estimates by 3 to 6 per cent." The Globe reported on Sept. 7 that Stifel analyst Cole Pereira said Step Energy was "undervalued." It could then be had for $5.74. The Globe reported on Jan. 5 that ATB Capital analysts Waqar Syed and Tim Monachello continued to rate Step Energy "outperform." The shares could then be had for $5. The Globe reported on April 26 that BMO Nesbitt Burns analyst John Gibson continued to rate Step Energy "outperform." The shares could then be had for $3.27.