Beacon Securities analyst Russell Stanley says that the planned IPO of York Space Systems reinforces the valuation case for MDA Space (MDA Space Stock Quote, Chart, News, Analysts, Financials TSX:MDA), arguing that public-market pricing for comparable space and defence assets continues to imply substantial upside for MDA. Late Friday (Jan. 16), York Space Systems announced […]
In a client note released before the bell on Jan. 19, TD Cowen analyst Tim James maintained a “Hold” rating on Bombardier (Bombardier Stock Quote, Chart, News, Analysts, Financials TSXV:BBD.B) and raised his price target to $278.00 from $203.00, above the Street average of $238.88, arguing that the company’s “unprecedented valuation expansion and resulting multiples […]
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