The Globe and Mail reports in its Friday, Dec. 12, edition that Desjardins Securities analyst Benoit Poirier, in a research report released Friday titled "Time to look forwards, not backwards," raised his share target for Cargojet, which he rates "buy," to $118 from $117. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $151.01. Mr. Poirier says he is focusing on quality businesses that faced headwinds in 2025. Mr. Poirier says he favours globally diversified names (outside Canada) with minimal tariff risk that in our view have wrongly fallen out of favour with investors, offering unique self-help catalysts to close valuation gaps regardless of macro volatility. Mr. Poirier says, "While recent challenges such as a pause in pilot hiring, a prolonged freight recession and AI-related fears weighed on these companies, we view them as temporary in nature and already showing early signs of reversal. This sets the stage for a more favourable setup in 2026, opening the door to incremental buyers." The Globe reported on Nov. 11 that Stifel analyst Daryl Young continued to rate Cargojet "buy." The shares could then be had for $68.81.