TD Securities raised its price target on Bombardier Inc. (BBD-B.TO) to $280 from $276 on Friday.
Analyst Tim James maintained a Hold rating on shares of the Canadian business jet manufacturer following its quarterly results.
"Bombardier fundamentals are strong based on Q4 results, 2026 guide, and implications from backlog growth and defense spending environment," James said in a note to clients.
"Valuation and remaining risks (supply chain, USMCA, geopolitical) only reason for caution and maintaining Hold despite recent pullback," the analyst said.
"Q4 another reminder of the solid progress at what has become a high quality industrial with long-term upside."
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)