The Globe and Mail reports in its Thursday, Aug. 1, edition that National Bank Financial analyst Cameron Doerksen continues to rank Chorus Aviation "outperform." The Globe's David Leeder writes that Mr. Doerksen gave his share target a 35-cent boost to $3.65. Analysts on average target the shares at $3.12. Mr. Doerksen says in a note: "In addition to an overly complex capital structure, one common criticism of Chorus was the complexity of its business, operating in several distinct (albeit related) segments: the fixed fee capacity purchase business with Air Canada, the Voyageur aviation services business, and aircraft leasing, which itself was complicated given its transition from a more traditional leasing business to an asset light model. With the sale of RAL, the business will be easier for investors to understand. Management indicates that it will refocus its growth on the remaining businesses with organic and M&A opportunities in aviation services. ... We view the sale of the company's RAL segment as positive from a valuation perspective with the transaction simplifying the business and positioning Chorus to refocus its growth on the remaining businesses either organically or through M&A."