The Globe and Mail reports in its Tuesday, Aug. 20, edition that Canaccord Genuity analyst Matthew Lee is sticking with his "hold" recommendation for Chorus Aviation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Lee gave his share target a 25-cent trim to $2.50. Analysts on average target the shares at $3.25. Mr. Lee says in a note: "With the leasing business slated for sale, we believe Chorus's growth focus will now be on the redeployment of the nine aircraft that are coming off lease with Air Canada next year and long-term contract opportunities in Voyageur. We have increased our revenue forecast on Voyageur given the strong performance this quarter and the firm's renewed focus on the segment. Management reiterated its guidance of $150-million revenue contribution from Voyageur in 2025 ($35-million EBITDA). The outlook for CPA revenue remains unchanged, with a step down of leasing and fixed margin in F26." The Globe reported on May 9 that Mr. Lee continued to rate Chorus Aviation "hold." The shares could then be had for $2.30. The Globe reported on Aug. 1 that National Bank Financial analyst Cameron Doerksen continued to rank Chorus Aviation "outperform." It was then worth $2.85.