CAE Inc. (CAE) PT Raised to $28 at Jefferies

Jefferies analyst Sheila Kahyaoglu raised the price target on CAE Inc. (NYSE: CAE) to $28.00 (from $27.00) while maintaining a Hold rating.

The analyst comments "We hosted Andrew Arnovitz, SVP - Investor Relations & Enterprise Risk Mgmt at CAE for our 5th Annual Airlines Summit. Key takes: 1) CAE owns ~40% share of the Civil Aviation Market, w/ 61 FFS deliveries in FY25, +30% from FY24. 2) Civil faces a more challenging FH1 tied to early FFS shipments on delayed aircraft & sluggish US hiring environment. 3) CAE estimates ~200K new pilots needed globally over the next decade to support fleet growth and pilot retirements."

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