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Air Canada stock has risen by more than 50 per cent in the past five weeks.
Air Canada stock has risen by more than 50 per cent in the past five weeks.
(Fred Lum/The Globe and Mail)

Wednesday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

BMO Nesbitt Burns' Fadi Chamoun has become one of the most optimistic analysts on the Street when it comes to Air Canada stock, after a recent meeting with senior management spurred him into raising earnings forecasts for the airline.