Thunderbird beat the firm’s revenue expectations for the fourth consecutive quarter The fact that Thunderbird’s backlog is up 19% to C$102.2 million and that much of that backlog is related to the next 12 months speaks well for 2022 expectations, the firm said Thunderbird Entertainment Group Inc (CVE:TBRD) (OTCMKTS:THBRF) shares are up more than 3% after Canaccord Genuity upped its price target to C$5.50 from $5 and maintained its Buy rating in a note to clients. The media company reported fiscal third quarter results on Thursday, and its C$37.7 million revenue came in above Canaccord’s C$35.2 million forecast, meaning Thunderbird beat the firm’s expectations for the fourth consecutive quarter.