The Globe and Mail reports in its Thursday, June 25, edition that BMO analyst John Gibson has elevated his recommendation for CES Energy Solutions to "outperform" from "market perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Gibson boosted his share target by a loonie to $22. Analysts on average target the shares at $21.34. Mr. Gibson says in a note: "CES shares have underperformed since our downgrade in March, while the oil market outlook into 2027 is improved. Further, we believe three growth avenues represent a potential step change in financial results moving forward. These include production chemicals market share gains across U.S. onshore, Gulf of Mexico offshore and Canadian SAGD work. Taken together, CES could add upwards of $1-billion of revenue to its business over the next few year." The Globe reported on March 12 that National Bank Financial analyst Dan Payne was keeping his "outperform" call on CES Energy intact. The shares could then be had for $18.32. The Globe reported on May 12 that RBC Capital Markets analyst Keith Mackey had reaffirmed his "outperform" recommendation for CES Energy. The shares were then going for $17.66.