DBS Group Research has expressed significant concern regarding ComfortDelGro’s near-term financial outlook, primarily due to softness in its taxi and private-hire segments. Analyst Zheng Feng Chee projects that competitive pressure from rivals like Grab, which is aggressively incentivizing drivers in Singapore, will continue to shrink the local fleet. Furthermore, the analyst pointed to ongoing flight disruptions stemming from the Middle East conflict impacting U.K. volume, making a full recovery unlikely in the second half of the year.

DBS reacted sharply to these prospects, slashing its 2026 and 2027 earnings projections by 22% and 28%, respectively. Consequently, the firm downgraded its rating on the transport operator to 'fully valued' from 'hold,' setting a new target price of S$1.11. ComfortDelGro shares subsequently dropped 4.9% to S$1.35 in trading.

In contrast, heavy-machinery dealer Finning International received positive attention from multiple analysts. National Bank of Canada’s Maxim Sytchev upgraded the stock to 'outperform,' citing a record backlog and broad-based booking strength, raising the target price to C$115. Scotiabank also projected strong performance from Finning’s product support segment, anticipating growth that could surpass consensus estimates, bolstered by an increasing truck population in Canada requiring maintenance.

The bullish sentiment for Finning is further supported by potential growth drivers, including evolving data-center demand in Alberta and Argentina potentially becoming a more substantial revenue contributor over time.