WeSearch

Monday’s analyst upgrades and downgrades

·7 min read · 0 reactions · 0 comments · 18 views
#finance#earnings#stocks
Monday’s analyst upgrades and downgrades
⚡ TL;DR · AI summary

CAE Inc. has received mixed reviews from analysts following its recent earnings report, which fell short of expectations. While RBC Dominion Securities remains optimistic about the company's long-term potential, concerns about execution and market conditions persist. Analysts have adjusted their earnings forecasts and target prices, reflecting a cautious outlook for the near term.

Key facts
Original article
The Globe and Mail
Read full at The Globe and Mail →
Opening excerpt (first ~120 words) tap to expand

ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountInside the Market’s roundup of some of today’s key analyst actionsWhile noting CAE Inc.’s (CAE-T) long-term targets came in below the Street’s expectations, RBC Dominion Securities analyst James McGarragle is “constructive on the long-term opportunity” for the Montreal-based company, calling its objectives for fiscal 2030 “achievable.” “Fiscal 2027 will be a transition year, and visibility into the pace of execution is limited — we wanted to probe management on what tangible proof points investors should expect to see throughout FY27, but were unable to get that question in on the call [with analysts],” he said.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.

Anonymous · no account needed
Share 𝕏 Facebook Reddit LinkedIn Threads WhatsApp Bluesky Mastodon Email

Discussion

0 comments

More from The Globe and Mail