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Bombardier Shares Should Rise Following Order Announcement, Desjardins Says
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Bombardier Shares Should Rise Following Order Announcement, Desjardins Says
Jul 2, 2025 5:20 AM

07:49 AM EDT, 07/02/2025 (MT Newswires) -- Bombardier Inc. (BBD-B.TO) shares should react positively to the Montreal-based aerospace company's June 30 announcement that it received a firm order for 50 aircraft, Desjardins said on Wednesday.

"At first glance, this order is likely to trigger a meaningful upside reaction in the stock," analyst Benoit Poirier said in a note to clients.

Poirier said the order was combined with a first-of-a-kind service agreement, and 70 aircraft purchase options from the undisclosed customer, valued at more than US$4 Billion if they are all exercised.

"We view this as a significant positive surprise for BBD, which we believe was not anticipated by the market," the analyst said.

Poirier maintained a Buy rating and $140 price target on the stock.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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