In recent developments for Cargojet (CJT, Financial), an influential player in the air cargo services sector, analyst Konark Gupta from Scotiabank has opted to maintain a "Sector Outperform" rating. This decision reflects continued confidence in the company's performance within its industry segment.
However, there has been a slight adjustment in the stock's price target. The revised price target for Cargojet (CJT, Financial) stands at CAD 138.00, marginally lower than the previous target of CAD 139.00. This adjustment represents a modest decrease of 0.72%.
The updated price target by Scotiabank, issued on July 10, 2025, suggests a nuanced approach by the analyst, considering market dynamics and company performance metrics. Nevertheless, the maintained "Sector Outperform" rating underscores a positive long-term outlook for Cargojet (CJT, Financial) on the TSX exchange.
