The Globe and Mail reports in its Wednesday, Sept. 16, edition that National Bank Financial analyst Doug Taylor rates MDA Space "outperform" in new coverage. The Globe's David Leeder writes that Mr. Taylor targets the share at $55. Analysts on average target the shares at $70.54. Mr. Taylor says in a note: "MDA pairs deep heritage with increasingly scalable capabilities in a structurally growing space market. The global space economy is expected to grow at a 9-per-cent CAGR [compound annual growth rate] through 2035 to $1.8-trillion (U.S.), driven by proliferated LEO communications, rising defence-space spending and renewed exploration investment. Against this backdrop, MDA combines established capabilities across communications payloads, space robotics and SAR with expanded manufacturing capacity capable of accommodating significant scale. ... MDA enters [the second half of this year] with $4.4-billion of backlog pro forma the Lightspeed expansion, supporting the revenue outlook through 2027. Its $40-billion five-year organic pipeline includes $10-billion of down-selected customer programs/follow-on opportunities, with potential catalysts including ESCPP, new or expanded AURORA constellations and SpaceRAN.