The Globe and Mail reports in its Friday, Nov. 10, edition that TD Securities analyst Tim James has reaffirmed his "buy" recommendation for Chorus Aviation. The Globe's David Leeder writes in the Eye On Equities column that Mr. James edged his share target ahead by 25 cents to $5. Analysts on average target the shares at $3.93. Mr. James says in a note: "We believe the CPA with Air Canada provides Chorus with the long-term cash flow necessary to continue meeting financial obligations, and a source of equity to finance growth in its leasing portfolio. We believe the eventual upside earnings potential RAL provides is not reflected in the current valuation." The Globe reported on Jan. 27 that Mr. James had reiterated his "buy" call on Chorus Aviation, which could then be had for $3.67. The Globe reported on March 4 that Canaccord Genuity analyst Matthew Lee warned Chorus Aviation's "transition to asset-light model will take time to come to fruition." He cut his rating to "hold." It was then worth $3.20. The Globe reported on Aug. 9 that BMO Capital analyst Fadi Chamoun had an unchanged "outperform" recommendation on Chorus Aviation. The shares could then be had for $2.79.