RBC Capital Upgrades CAE to Outperform, Raises Price Target to $46
RBC Capital analyst James McGarragle upgrades CAE (NASDAQ:CAE) from Sector Perform to Outperform and raises the price target from $36 to $46.
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CAE Q1 Adj. EPS $0.19 Beats $0.17 Estimate, Sales $847.616M Beat $818.060M Estimate
CAE (NYSE:CAE) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.17 by 11.76 percent. This is a 26.67 percent increase over earnings of $0.15 per share from the same period
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RBC Capital analyst James McGarragle upgrades CAE (TSX:CAE) from Sector Perform to Outperform and raises the price target from C$36 to C$46.
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