02:09 PM EDT, 08/11/2025 (MT Newswires) -- National Bank has raised its target on Savaria ( SISXF ) to $26 (from $24) and maintained its Outperform rating after the company reported its second-quarter results.

Analyst Zachary Evershed notes that second-quarter revenue came to $226.7 million, up 2.4% and just shy of NBF estimate of $229.5 million (Street: $228.8 million). Adj. EPS of $0.29 beat NBF's $0.08 estimate (Street: $0.21).

"The strong quarter and positive revision to guidance see our estimates rise, lifting our target to $26 (was $24), based on an unchanged 10x 2026e EV/EBITDA, equivalent to a 4.4% FCF yield and replicated in our long-term DCF with a 10.2% discount rate."

Price: 21.19, Change: +0.32, Percent Change: +1.53