Raymond James Maintains Outperform on Air Canada, Lowers Price Target to C$28
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Savanthi Syth has maintained an Outperform rating on Air Canada, but lowered the price target from C$31 to C$28.

October 17, 2023 | 12:20 pm
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Air Canada's price target has been lowered from C$31 to C$28 by Raymond James, though the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially lead to a negative sentiment among investors, which may result in a short-term decrease in Air Canada's stock price. However, the maintained Outperform rating indicates that the stock is still expected to outperform the market or its sector.
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IMPORTANCE 80
RELEVANCE 100