CAE price target raised to C$41 from C$38 at RBC Capital

RBC Capital raised the firm’s price target on CAE (CAE) to C$41 from C$38 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q2 results in Airlines and Aerospace industry. The firm is updating its valuation multiples and target prices across the group reflecting lower tariff-related risks, defense spending tailwinds, and company-specific wins, the analyst tells investors in a research note.