The Globe and Mail reports in its Friday edition that National Bank analyst Cameron Doerksen has reiterated his "outperform" recommendation for Chorus Aviation. The Globe's David Leeder writes that Mr. Doerksen tweaked his share target ahead by 20 cents to $3.85. Analysts on average target the shares at $3.34. Mr. Doerksen says in a note: "We maintain our 'outperform' rating on Chorus Aviation shares following Q2 results. Recall that in late July, Chorus Aviation announced the sale of its regional aircraft leasing segment to HPS Partners for a total value of $1.9-billion including $825-million in net cash that will be deployed to pay down essentially all of Chorus's corporate debt and outstanding preferred shares. We reviewed the transaction and our updated investment thesis in a report published two weeks ago. We view the sale of the RAL segment positively as the transaction will simplify the business and positions Chorus to refocus its growth on the remaining businesses either organically or through M&A while supporting additional shareholder returns. We estimate Chorus can generate over $100-million in free cash flow in 2025, which would represent a 20-per-cent-plus FCF yield based on the current share price."