TSX:CJT - Post Discussion
Post by
DanielDarden123 on Jan 16, 2022 1:34pm
CIBC ‘22
Our Conclusion
CJT announced the early renewal and extension of the Air Cargo Services Agreement with two major domestic customers. This again reinforces our view around the competitive moat surrounding CJT's domestic operations. We continue to argue that fears around new competition eating away at CJT's domestic market share are misplaced. Its network advantage and strong service model are difficult to replicate. We rate CJT an Outperformer with a $245 price target.
Be the first to comment on this post