The Globe and Mail reports in its Thursday, June 22, edition that Desjardins Securities analyst Benoit Poirier is keeping his "buy" call on TFI International intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Poirier axed $9 off his share target, taking it to $171. Analysts on average target the shares at $154.79. Mr. Poirier says industry data show there is a "lack of seasonal uplift." As a result, he does not see a short-term inflection point for TFI International. He lowered his second quarter financial forecast, pointing to "continued softness in trucking conditions" as well as the impact of a decline in diesel prices on its fuel surcharges and a weaker U.S. dollar. Mr. Poirier says in a note: "While some industry experts believe we have reached an inflection point in the trucking market, we are of the opinion that 2023 is a transition year and that the rebound will be slow/gradual and occur only toward the end of the year. ... We see a soft freight market without the typical 2Q seasonal uplift. ... No need to panic, long-term picture remains intact -- we derive a value of $214 per share by 2026, which translates into a CAGR [compound annual growth rate] of 15.4 per cent."