The Globe and Mail reports in its Wednesday, July 26, edition that BMO Capital Markets analyst Fadi Chamoun continues to rate TFI International "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Chamoun gave his share target a $20 (U.S.) (all figures Canadian unless otherwise stated) boost to $125 (U.S.). Analysts on average target the shares at $132.46 (U.S.). Mr. Chamoun says in a note: "LTL [Less-than-truckload] stocks continue to trade at elevated levels as investors assess a potential downsizing of YELL. We believe TFI International could see outsized U.S. LTL volume tailwinds in a YELL restructuring given its similar low weight/shipment freight profile and available network capacity. However, not being a pure play LTL, valuation upside is likely more modest relative to peers." The Globe reported on April 28 that RBC had reaffirmed its "outperform" recommendation for TFI when it could be had for $138.10. The Globe reported on June 14 that National Bank had reaffirmed its "outperform" call for TFI. The shares were then worth $139.48. The Globe reported on June 22 that Desjardins Securities was keeping its "buy" call on TFI intact. The shares were then going for $139.87.