The Globe and Mail reports in its Tuesday, Nov. 14, edition that BMO Capital Markets analysts Fadi Chamoun continues to rate Cargojet "market perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Chamoun gave his share target a $10 trim to $100. Analysts on average target the shares at $134.75. Mr. Chamoun says in a note: "Q3/23 results were slightly below our estimates, but have limited impact on our medium-term earnings forecast and overall investment thesis. Tonnage stabilized year-over-year in Q3/23 in the domestic network, which is encouraging. On the international side, Cargojet continues to lean into the charter market to maintain high fleet utilization and has taken steps to reduce growth capex, which should help strengthen free cash flow and maintain financial leverage stable at 2.5 times. With limited visibility into a demand recovery, we maintain our Market Perform rating." The Globe reported on June 14 that Mr. Chamoun had reaffirmed his "market perform" recommendation for Cargojet when it could be had for $99.31. The Globe reported on Sept. 27 that RBC analyst Walter Spracklin continued to give Cargojet an "outperform" ranking. The shares could then be had for $90.08.