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Bombardier (BBD-A) (BDRBF) PT Lowered to Cdn$0.65 at TD Securities

Go back to Bombardier (BBD-A) (BDRBF) PT Lowered to Cdn$0.65 at TD Securities

Cowen Downgrades Bombardier (BDRBF) to Underperform

February 16, 2021 4:17 PM EST

Cowen analyst Cai von Rumohr downgraded Bombardier (OTC: BDRBF) from Market Perform to Underperform with a price target of $0.27.

The analyst comments "Disappointing Q4 cash flow makes for challenging debt refinancing prospects despite likely leveraged bizjet upswing. Bombardier also faces a difficult longer term... More