10:32 AM EDT, 10/17/2022 (MT Newswires) -- TD Securities lowered its price target on Air Canada (AC.TO) to $25 from $26, and maintained a Buy rating, as analyst Tim James previewed third quarter results for the Canadian passenger air transportation sector.
James said TD updated its economic, currency, interest rate, and fuel price assumptions, and some company-specific inputs.
The analyst maintained his $3 price target and Reduce rating on Transat A.T. (TRZ.TO), and his $5 target and Buy rating on Chorus Aviation Inc. (CHR.TO).