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Bombardier (TSE:BBD.B) was upgraded by equities research analysts at Raymond James to an “outperform” rating in a research note issued to investors on Monday.

Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Bombardier from C$4.25 to C$5.00 in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at Scotiabank reiterated a “sector perform” rating on shares of Bombardier in a research note on Wednesday, July 16th. Finally, analysts at BMO Capital Markets cut their price target on shares of Bombardier from C$4.50 to C$4.25 in a research note on Monday, June 23rd. They now have a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. Bombardier presently has a consensus rating of “Hold” and a consensus target price of C$4.78.

Bombardier, Inc is a Canada-based aerospace and transportation company. The Company operates in two segments: aerospace and rail transportation.

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