National Bank Reviews CAE's Q3 Result-February 2024-www.financetom.com

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National Bank Reviews CAE's Q3 Result

Feb 14, 2025 11:57 AM

02:19 PM EST, 02/14/2025 (MT Newswires) -- CAE's fiscal third-quarter results were encouraging as Civil headwinds were less of a drag than expected, notes National Bank.

Defense segment margins are trending ahead of forecast, and the Board changes give analyst Cameron Doerksen greater confidence in the CEO transition process.

Doerksen is keeping the Sector Perform rating based on valuation. Target raised to $40, up from $38 previously.

Price: 38.54, Change: +5.17, Percent Change: +15.49

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