National Bank Trims Price Targets on CAE, Kraken Robotics and Real Matters
National Bank lowered its price targets on CAE to C$48, Kraken Robotics to C$8 and Real Matters to C$5, keeping its ratings. Source: Dow Jones, citing Baystreet.
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what happened
National Bank reduced its price target on CAE Inc. from C$49 to C$48 a share and kept its Outperform rating, according to Dow Jones Newswires, which cited Baystreet.
The bank also lowered its target on Kraken Robotics Inc. from C$10 to C$8 a share while maintaining its Outperform rating. For Real Matters Inc., the target was cut from C$6.50 to C$5.00, and the Sector Perform rating was retained.
why it matters
The changes involve three Canadian companies and are unlikely to move the broader market. Lower targets with unchanged ratings usually signal more cautious analyst valuations rather than a shift in view on the businesses.
tags
instruments
sources
- CAE Inc. Price Target Cut to C$48.00/Share From C$49.00 by National Bank — Dow Jones Newswires, 21 October 2026 at 14:47 UTC
- Kraken Robotics Inc. Price Target Cut to C$8.00/Share From C$10.00 by National Bank — Dow Jones Newswires, 21 October 2026 at 14:47 UTC
- Real Matters Inc. Price Target Cut to C$5.00/Share From C$6.50 by National Bank — Dow Jones Newswires, 21 October 2026 at 14:47 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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