1352 ET - RBC says in a report that following an impressive turnaround in CAE's defense segment and some near-term macro headwinds that will likely weigh on Civil results, it doesn't see much in the way of catalysts for the stock, which is currently up 27% over 12 months. Instead, analyst James McGarragle says current positive trends are reflected at present levels. "Net-net, we view solid secular tailwinds as being offset by full valuation, and see risk-reward as well-balanced," McGarragle says. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
May 21, 2025 13:52 ET (17:52 GMT)
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