12:58 PM EDT, 03/13/2025 (MT Newswires) -- BMO has trimmed its target on Bird Construction ( BIRDF ) by $2, to $30 and reiterated its Outperform, amid some near-term macro uncertainty.

Bird's fourth-quarter' results exceeded expectation, with strong backlog growth (up ~$0.9 billion Q/Q) and impressive EBITDA margins. The company also continues to expand its backlog with higher-margin, low-risk work, supporting overall margin accretion in line with its strategy, analyst John Gibson writes.

Price: 21.14, Change: +0.02, Percent Change: +0.07