The Globe and Mail reports in its Friday, Oct. 6, edition that Stifel analyst Bruce Chan is keeping his "buy" call for TFI International intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Chan knocked his share target back by $6 (U.S.) to $144 (U.S.). Analysts on average target the shares at $152.46 (U.S.). Mr. Chan says in a note: "Broadly, we believe that inventory destocking bottomed around mid-year. But that doesn't mean volume growth has been robust, in our view: core LTL industry demand has been tepid, at best. The demise of Yellow in August offered some relief, but distribution of its 10-per-cent market share has not been uniform. We believe carriers with more overlap in pricing and footprint have benefited disproportionately, with Saia being a notable gainer among public peers. Capacity remains in check and pricing should be in the carriers' favor next year, but given fundamental demand softness, we are focused on names with self-help opportunity and/or deep valuation discounts. We see the most opportunity in TFI International and ArcBest (rated 'buy'), though we caution that 3Q earnings may be a bit choppy, especially for companies with earnings exposure outside the LTL space."