Analyst UpgradeAnalyst upgrades NFI Group to Outperform and increases the target price to $23, indicating confidence in future performance.
Contract Wins And Debt RefinancingNFI stock has strengthened recently, supported by contract wins and debt refinancing, improving the company's outlook.
Financial PerformanceThe easing of seat supplier issues should help move the company closer to its historical multiple range, indicating potential for improved financial performance.
Market DynamicsPositive forward messaging and a record backlog are expected to drive the stock higher, particularly as market dynamics improve.