CAE price target raised to $30 from $28 at Jefferies

Jefferies raised the firm’s price target on CAE (CAE) to $30 from $28 and keeps a Hold rating on the shares. While Jefferies notes that CAE’s services-driven business model is backed by civil aviation and synthetic warfare simulation for defense and security, and sees the company’s FY26 sales growing 3% organically, the firm also expects a “near-term softening in pilot hiring and training trends “due to continued aircraft delivery delays over the next few years, which aligns with the ongoing multiyear restructuring within D&S,” leaving Jefferies on the sidelines.