Toromont Industries Ltd. (TIH:CA) — Stifel Nicolaus maintained its Buy rating and C$250.00 price target. Toromont’s businesses span equipment sales, rental and product support, alongside CIMCO’s industrial refrigeration operations, providing several sources of demand. Looking ahead, investors will be watching whether service activity and equipment orders sustain earnings as construction and mining customers adjust capital spending, with rental utilization and margin execution also important.
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