-- Stifel Canada is maintaining a buy rating and $1.00 price target on Volatus Aerospace (FLT.TO) after the company this week secured a $2.1-million contract to provide specialized training to a NATO-allied government ministry.
Volatus will deliver a portfolio of advanced training programs tailored for security and law enforcement personnel in mission-critical environments. The win is consistent with Stifel's investment thesis and further validates Volatus as a trusted NATO-aligned defense training partner.
"In our view, this win builds momentum toward Volatus being recognized as a Sovereign Champion for Canada, as it demonstrates the company's ability to deliver sovereign capabilities such as defence training to Canada's NATO + allies. This is directly aligned with Canada's objective of being a reliable sovereign partner to allied nations, a role Volatus is already fulfilling today," writes analyst Greg MacDonald.
Price: $0.72, Change: $+0.02, Percent Change: +2.86%