National Bank raised the firm’s price target on Bombardier (BDRBF) to $263 from $234 and keeps an Outperform rating on the shares. The firm is adjusting its model by rolling forward its basis our valuation forward one year to 2027, the analyst tells investors in a research note. Bombardier shares have enjoyed an exceptional 2025, up 127% year-to-date, and while valuation for Bombardier shares is not as compelling as earlier in the year, there is potential upside for the stock, National Bank added.
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