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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (51765)	11/12/2018 8:08:42 AM
From: Goose94	Read Replies (1) \| Respond to of 203526

Bombardier (BBD.B-T) Desjardins analyst Benoit Poirier is "surprised and disappointed" by the ramp-up issues at Bombardier Transportation, he feels the "long-term story remains intact" for Bombardier. Thursday's release of "mixed" third quarter financial results, Mr. Poirier says, "We continue to like BBD and see recent share price weakness as an attractive buying opportunity for long-term investors." He rates the Class B shares "buy." He cut his share target by a loonie to $5. Meanwhile, Raymond James analyst Steve Hansen boosted his share target to $6 from $5.25 with an unchanged "outperform" rating. He says in a note: "BBD management deserves more credit than the market offered [Thursday], in our view, particularly as we enter the final (most attractive) stages of the firm's turnaround plan. The most significant 'heavy lifting' is over, in our view, and management has delivered on nearly all key milestones. ... We now see a leaner, more-focused organization poised to grow, deliver accelerating profitability, and generate long-awaited FCF. We view the recent sell-off as an acute over-reaction."