Stifel initiated coverage of CAE (CAE) with a Buy rating and C$50 price target The firm says CAE is the world’s largest pure-play simulation and training provider to the defense and civil aviation industries. The company offers a “catalyst rich multi-year investment opportunity” due to Canada’s new Defense Industrial Strategy, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAE:
- CAE price target lowered to C$38 from C$39 at Canaccord
- CAE price target lowered to C$56 from C$57 at Scotiabank
- CAE price target raised to C$54 from C$53 at TD Securities
- CAE price target lowered to C$31 from C$34 at Jefferies
- CAE advances transformation as Defense strength offsets Civil softness in Q3
