CIBC Maintains Outperformer on CAE, Lowers Price Target to C$29
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Kevin Chiang maintains an Outperformer rating on CAE but lowers the price target from C$32 to C$29.
May 22, 2024 | 6:23 pm
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NEUTRAL IMPACT
CIBC analyst Kevin Chiang maintains an Outperformer rating on CAE but lowers the price target from C$32 to C$29.
The Outperformer rating suggests continued confidence in CAE's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100