
BofA raises CAE stock rating to neutral, price target to $32
On Friday, BofA Securities analyst Donald Epstein upgraded CAE Inc. (TSX:CAE) to a neutral rating and bumped the price target up from $19 to $32. Epstein’s reassessment of the company’s stock follows a series of organizational and operational changes at CAE, which have included management transitions and a more prudent capital expenditure deployment. CAE Inc (NYSE:CAE)., known for its sim ...