Cargojet (TSE: CJT) receives upgrades from investment analysts, Scotiabank raises rating to "strong-buy" and price target to C$154.

Cargojet (TSE: CJT) has received a series of upgrades from investment analysts, with Scotiabank upgrading its rating from "hold" to "strong-buy" and raising its price target to C$154. The company reported better-than-expected Q1 earnings of C$1.86 EPS and has an average "Buy" rating and an average target price of C$153.27. Cargojet provides overnight air cargo services in Canada and operates a domestic air cargo network between 16 cities.

June 16, 2024
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