The Globe and Mail reports in its Thursday, Jan. 11, edition that Desjardins Securities analyst Benoit Poirier has reiterated his "buy" call for Bombardier. The Globe's David Leeder writes in the Eye On Equities column that Mr. Poirier raised his Street-high share target by $1 to $104. Analysts on average target the shares at $77.97. Mr. Poirier has reaffirmed Bombardier as his favoured aerospace and defence company for the year ahead. He says recent orders provide "further comfort" for both its approaching fourth quarter financial release as well as 2024. Mr. Poirier says in a note: "With Bombardier needing only 46 bookings before year-end to hit one times book-to-bill for 2023, the 12-jet order in 4Q provides a nice chunk (more than 25 per cent) -- which makes us quite confident that Bombardier will achieve its target while also reinforcing our thesis that the Challenger 3500 platform continues to sell well despite its age. Gulfstream failed to get its new G700 platform certified before year-end, preventing the company from delivering 19 aircraft in 2023. ... [This] could be positive for Bombardier over time as we could potentially see cancellations at Gulfstream."