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Stock impact report

Monday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]

TFI International Inc. Common Shares (TFII) 
decrease ) “underindexed” in Western Europe, believing that region is a potential source of significant gains for the Laval, Que.-based at-home accessibility equipment manufacturer. “Tailwinds continue to blow in Patient Care, as we previously explored, supported by accelerating demographics, allowing us to turn our attention back to Accessibility, and Europe in particular.” In a client report released Monday, Mr. Evershed pointed to the company's move to hand another role to Jean-Philippe De Montigny, its Chief Transformation Officer and “champion” of its Savaria One (S1) multi-year strategic initiative. In October, he was also named its President, Accessibility – EU, UK & Rest of World. “We view one of the company's main fixers moving across the pond as a telling indicator of where management plans to focus most on operational improvements in the coming years,” said the analyst. Mr. Evershed thinks the company's “headroom for improvement” is favourable in Europe, noting “wh Show less Read more
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