Goldman Sachs Maintains Buy on CAE, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak has maintained a Buy rating on CAE (NYSE:CAE) and increased the price target from $25 to $29.
April 16, 2024 | 1:26 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on CAE and raises the price target from $25 to $29.
The upgrade in price target by a reputable analyst like Noah Poponak from Goldman Sachs typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100