The Globe and Mail reports in its Friday, Feb. 14, edition that Raymond James analyst Michael Barth has reaffirmed his "strong buy" call for Precision Drilling. The Globe's David Leeder writes in the Eye On Equities column that Mr. Barth gave his share target a $5 trim to $141. Analysts on average target the shares at $122.03. Mr. Barth says in a note: "Precision Drilling U.S. active rig count and day margins are trending lower than we expected, while the Canadian business continues to fire on all cylinders, with potential margin inflation driven by a tight rig market that could materialize later this year. Despite revising our estimates modestly lower, we still have Precision Drilling trading at a 22-per-cent free cash flow yield on 2025/2026 estimates. This is at the same time shareholder returns move higher. On our math Precision Drilling can easily max out an NCIB, institute a modest dividend and continue to repay debt. These free cash flow yields strike us as too punitive, and we reaffirm our 'strong buy' rating." The Globe reported on April 26 that Mr. Barth had reaffirmed his "strong buy" recommendation for Precision Drilling. The shares were then going for $98.91.