CIBC Initiates Coverage On StandardAero with Outperformer Rating, Announces Price Target of $38
Portfolio Pulse from Benzinga Newsdesk
CIBC has initiated coverage on StandardAero (NYSE:SARO) with an Outperformer rating and set a price target of $38.
October 28, 2024 | 9:11 pm
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CIBC has initiated coverage on StandardAero with an Outperformer rating and a price target of $38, indicating a positive outlook.
The initiation of coverage with an Outperformer rating and a specific price target of $38 by CIBC suggests a positive outlook for StandardAero. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100