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Transat has returned to profitability for the first time in three years, with a net income of $58 million on revenues of $3.6 billion
Transat has returned to profitability for the first time in three years, with a net income of $58 million on revenues of $3.6 billion
(© Swoan Parker / Reuters/REUTERS)

Friday'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.

Analysts are taking the knife to their price targets on Transat A.T. Inc. after the airline and tour operator reported disappointing quarterly results on Thursday - but most still see substantial upside for the stock over the next 12 months.