RBC Capital Markets raised its price target on Chorus Aviation. (CHR.TO) to C$39.00 from C$35.00.
Analyst James McGarragle maintained an outperform rating on shares of the Canadian aviation services company.
"Q2 results came in well ahead and commentary from the conference call pointed to EBITDA above the top end of management's guidance range, which is where our estimates now sit (although management conservatively left guidance unchanged)," McGarragle said in a note to clients.
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