CAE receives regulatory approval for normal course issuer bid

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CAE Inc. (CAE:CN) (CAE) PT Lowered to Cdn$31 at RBC Capital

May 28, 2024 1:22 PM EDT

RBC Capital analyst James McGarragle lowered the price target on CAE Inc. (CAE:CN) (NYSE: CAE) to Cdn$31.00 (from Cdn$34.00) while maintaining a Outperform rating.

The analyst comments "FQ4 results were in line with CAE's pre-release on May 21. Following a big write-down in goodwilll,... More