GE Aerospace Strong Q1, Engine Fundamentals Seen Driving 2026 Upside Despite Oil Concerns, RBC Says

-- GE Aerospace (GE) strong Q1 earnings and solid "engine fundamentals" support potential upside to its 2026 outlook, despite investor concerns over oil prices and geopolitical risks that weighed on the stock, RBC Capital Markets said in a report emailed Wednesday.

The company's strong performance was driven by "services growth" of 39%, supported by a 35% increase in internal shop visit revenue and more than 25% growth in spare parts, the firm said. LEAP engine deliveries rose 63%, reinforcing confidence in the company's 2026 growth outlook, according to the report.

RBC said GE Aerospace maintained its 2026 guidance despite strong results, but the firm sees potential for a guidance raise in Q2, the report said.

RBC maintained an outperform rating on GE Aerospace with a $355 price target.

Price: $272.64, Change: $-14.09, Percent Change: -4.91%

Taranis Resources Reports Early Positive Results at the Silver Cup Mining District

Taranis Resources' (TRO.V) work on an expanded holding for its Thor project in the historic Silver Cup Mining District in southeastern British Columbia is showing early successful results, it said Wednesday.The company combined historical soil samples, drill data, geophysical surveys, and past mining records to better understand what it believes might be a district-scale opportunity, boosting its holdings in the area to more than 6,000 hectares."Brought together with Taranis' extensive explorations of Thor, this long forgotten exploration work reveals a much larger mineralized system that contextualizes the Thor deposit within a broader, highly prospective geological framework," the company said.This initiative is being carried out alongside drilling to test new parts of the Thor deposit, including the Nortran, Borr, and One O'clock targets, the company said. There are dozens of high-grade, near-surface metal veins similar to those at Thor within the new tenure area Taranis has assembled to the east. These have not been drilled to NI 43-101 resource estimation standards, giving the company a strong opportunity to learn more about this historic silver and gold district, it added.Taranis shares closed up $0.005 to $0.185 on the TSX Venture Exchange.

$TRO.V

GE Aerospace Strong Q1, Engine Fundamentals Seen Driving 2026 Upside Despite Oil Concerns, RBC Says

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