National Bank of Canada lifts PT on Bombardier, CAE

Cae

16/04/2024 14:41

** Brokerage National Bank of Canada raises PT on Bombardier
 BBDb.TO  by C$1 to C$95, citing stable trends in broader
business jet market 
    ** BBDb's solid backlog provides good visibility through
2025 - Brokerage 
    ** Sees multiyear growth in CAE's  CAE.TO  civil aviation
training segment, ups PT by C$2 at C$34
    ** "Demand for full flight simulators directly tied to new
aircraft orders and deliveries," writes analyst 
    ** Up to Monday's close, Bombardier up 7% and CAE down 7.8% 

 (Reporting by Pratyush Thakur)
 ((Pratyush.thakur@thomsonreuters.com))