The Globe and Mail reports in its Tuesday, Jan. 13, edition that RBC Dominion Securities analyst James McGarragle continues to rate CAE "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. McGarragle gave his share target a $6 boost to $46. Analysts on average target the shares at $45.33. Mr. McGarragle says in a note, "Our target multiple moves to 12.5 times (from 12 times) on solid defence momentum, and we shift our valuation year to FY2028." The Globe reported on May 22 that Mr. McGarragle had downgraded CAE to "sector perform" from "outperform." The shares could then be had for $34.26. The Globe reported on Nov. 26 that Mr. McGarragle had reiterated his "outperform" call for CAE. The shares could then be had for $36.53.