The Globe and Mail reports in its Wednesday, Sept. 2, edition that TD Cowen analyst Aaron MacNeil continues to rate Gibson Energy "buy." The Globe's David Leeder writes that Mr. MacNeil boosted his share target by a loonie to $35. Analysts on average target the shares at $32.54. Mr. MacNeil says in a note: "We are intentionally taking a conservative approach to our marketing outlook and raised our estimates based on observable price trends on a seasonally adjusted basis, noting that the Moose Jaw refinery typically performs better in Q2/Q3 and features reduced performance in Q4/Q1. That said, we believe that there is a likely scenario whereby prevailing strength persists beyond Q3, specifically as it relates to a lower probability for negative outcomes in Q4 and Q1, resulting in a 2027 segment EBITDA estimate that increases to $44-million, up from $41-million previously. There are no changes to our 2028-plus estimates. ... From a valuation perspective, Gibson is currently trading at a 2027E EV/EBITDA multiple of 11.1 times vs. the peer average of 11.9 times and features the highest dividend in the peer group at 5.8 per cent. As such, we believe that Gibson has the potential to be a relative outperformer."