In a Nov. 5 note, Paradigm Capital analyst Razi Hasan said Cargojet (Cargojet Stock Quote, Chart, News, Analysts, Financials TSX:CJT) reported third-quarter results that missed expectations amid continued macro and trade-related headwinds. Revenue came in below both Paradigm’s forecast and consensus, with declines of more than 20% year-over-year in the ACMI and Charter segments reflecting […]
Paradigm Capital analyst Razi Hasan lowered his 12-month price target on Cargojet (Cargojet Stock Quote, Chart, News, Analysts, Financials TSX:CJT) to $135.00 from $139.00 while maintaining a “Buy” rating, citing persistent U.S. tariff-related headwinds ahead of the company’s third-quarter results. Cargojet, a Canadian air cargo carrier that operates its own fleet providing overnight freight, ACMI, […]
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