Bombardier Inc. T.BBD.A

National bank upgrade to 128.00$

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Bombardier Target Raised to $128 at National Bank, Ahead of Q3

01:44 PM EDT, 10/09/2024 (MT Newswires) -- National Bank has raised its target on Bombardier to $128 (from $117) and reiterated its Outperform rating, ahead of the company's third quarter results on November 7.

"Bombardier remains one of our top picks and although the stock has been a significant out-performer within our coverage universe so far this year, we see further upside as the market gains more confidence in the sustainability of strong free cash flow generation to the end of the decade," analyst Cameron Doerksen writes.

Price: 108.65, Change: +0.79, Percent Change: +0.73

 

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Bombardier Target Raised to $128 at National Bank, Ahead of Q3 01:44 PM EDT, 10/09/2024 (MT Newswires) -- National Bank has raised its target on Bombardier to $128 (from $117) and reiterated its Outperform rating, ahead of the company's third quarter results on November 7. "Bombardier remains one of our top picks and although the stock has been a significant out-performer within our

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Here are more details. GLTA National Bank Financial analyst Cameron Doerksen thinks Bombardier valuation “remains attractive” ahead of the No. 7 release of its third-quarter financial report, which he predicts will reveal “solid” delivery results and “supportive” end markets. “Based on data sources we track, we estimate that Bombardier delivered 31 planes in Q3 versus our prior forecast for 29