Air Canada shares rated outperform by Cowen

Research analysts at Cowen and Company have set an “outperform” rating on Air Canada stock and placed a C$10.50 price target on the shares. Raymond James analyst raised their price target on shares of Air Canada from C$5.00 to C$6.00 with an “underperform” rating, while RBC Capital analysts have raised their price target on shares of Air Canada from C$11.00 to C$12.00 with an “outperform” rating on the stock. Scotiabank also reiterated its “sector perform” rating on shares with a C$7.25 price target.