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Air Canada (AC:CA) ATB Cormark Cuts Target on Stock

Air Canada (AC:CA) ATB Cormark Cuts Target on Stock

Air Canada (AC:CA) 

ATB Cormark maintained its Outperform rating while lowering its price target to $43.00 from $45.00, representing a 4.4% reduction. Despite the adjustment, the firm retains a positive outlook on Air Canada, suggesting continued confidence in the airline’s longer-term prospects, although the lower target indicates slightly more cautious valuation expectations.

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