The Globe and Mail reports in its Thursday, Jan. 22, edition that Scotia Capital analyst Maher Yaghi has lowered his recommendation for Bombardier to "sector perform" from "sector outperform" The Globe's David Leeder writes that Mr. Yaghi's share target, however, soared $65 to $295. Analysts on average target the Class B shares at $255.25. Mr. Yaghi says in a note: "Over the past two months of our channel checks, we have realized that there is a sense of urgency in defence readiness around the globe amid geopolitical noise, that the word 'uncertainty' still comes first to most executives' minds, and that companies are controlling what they can control rather than succumbing to fake starts. Against that backdrop, we see an upside risk to market expectations for defence companies while downside risk for freight carriers, especially truckers. ... Commercial aviation and space markets are also expected to thrive, given OEMs (Airbus and Boeing) are gradually coming out of multiyear supply chain disruptions and more space infrastructure is needed to support global connectivity. ... While freight markets are still facing a number of uncertainties, investor pessimism has decreased significantly over the past two months."