$CAE

Analysts issued bullish ratings for three industrial goods companies. GFL Environmental (GFL) received a Buy rating with a $60 target from RBC, and a consensus target of $55.09. Rocket Lab USA (RKLB) was reiterated as Buy with a $122 target by Cantor Fitzgerald, and a consensus target of $102.25. CAE (CAE) maintained a Buy rating with a C$47 target from BMO, and a consensus target of $30.72.

Barclays launched coverage of 20 aerospace and defense companies, rating Boeing (BA) and RTX (RTX) Overweight. Analyst Anthony Valentini expects Boeing to return to normalized growth and RTX to benefit from new aircraft content and missile exposure. Other Overweight picks include Rocket Lab (RKLB), CAE (CAE), DPC (DDPC), Kratos (KTOS), Karman (KRMN), Archer Aviation (ACHR), Beta Technologies (BETA), SpaceX (SPCX), and Palantir (PLTR).

Baird upgraded Humana (HUM) to Outperform with a $596 price target, citing 2028 EPS confidence. Oppenheimer upgraded Fastly (FSLY) to Outperform with a $35 target, noting AI traffic growth. Monness Crespi upgraded Elastic (ESTC) to Buy with a $120 target, praising execution. Morgan Stanley double-upgraded Cboe (CBOE) to Overweight with a $358 target, citing S&P contract renewal. Barclays initiated SpaceX (SPCX) with Overweight and $254 target, calling it an industrial revolution play.

HAL has signed an agreement to acquire CAE's 50% stake in HATSOFF at no cost, involving the transfer of 3,84,04,205 equity shares. HAL already owns 50% and expects full ownership in 60 days. HATSOFF's FY 2025-26 turnover was ₹80.95 crore. Approvals have been granted by the Ministry of Defence and DIPAM.

CAE Inc. (CAE) and its former executives reached a $38.25M settlement for a class action lawsuit alleging misrepresentations. CAE will pay up to $5M, with insurers covering the rest. The settlement covers shareholders who bought and held CAE shares between Aug. 10, 2022, and May 22, 2024. Court approval is pending, with a hearing scheduled for Dec. 22, 2026. Affected shareholders must file claims by March 22, 2027.

Vietnam's government invited CAE to explore expanding aviation training and simulation in the region. Discussions occurred between Vietnamese and Canadian officials, focusing on pilot, cabin crew, and maintenance training. CAE aims to enhance simulation capacity and digital learning in Vietnam, aligning with the country's growing aviation needs. CAE already operates a training center in Ho Chi Minh City.

Vietnam Airlines and CAE signed a strategic agreement for aviation training, simulator maintenance, and potential infrastructure investments. The deal covers advanced simulation tech and supports Vietnam Airlines' fleet expansion plans, including 50 new narrowbody aircraft and 30 widebody aircraft post-2030. Vietnam Airlines operates 105 aircraft, including Airbus and Boeing models.

CAE USA secured a $300 million contract with the U.S. Air Force to provide C-130H aircrew training at five bases through 2035. The contract extends CAE's role, including instruction, maintenance, and cybersecurity upgrades. According to CAE, the deal underscores the company's continued support for mission readiness and operational success.

CAE (NASDAQ:CAE) signed a deal with WB Electronics to expand into drone training, targeting defense forces in Canada, Poland, and allied nations. The company reported Q1 fiscal 2027 results with Defense revenue up 8.3% to $531.8M, while Civil margins fell to 16.5%. CAE also repurchased shares and plans $125M-$150M in annual savings by fiscal 2030.

Calgary Airports, CAE, and WestJet have begun construction on the Alberta Training Centre of Excellence for Aviation and Aerospace, set to open in 2028. The C$40M facility will train 6,000 aviation professionals annually, with WestJet as the primary customer under a 15-year agreement. CAE will operate the centre, featuring eight full-flight simulators and digital learning tools.