The Globe and Mail reports in its Tuesday, Nov. 18, edition that TD Cowen analyst Tim James is sticking with his "buy" call on Magellan Aerospace. The Globe's David Leeder writes in the Eye On Equities column that Mr. James gave his share target a $2 boost to $24. Analysts on average target the shares at $20.15. Mr. James says in a note: "No change to bullish thesis. EBITDA/EPS growth of 24 per cent/120 per cent and 160 basis points of gross margin expansion shows benefits of recent cost efficiencies and contract repricing initiatives. Q3 results support our view for strong EPS growth (42-per-cent CAGR 2025-2027). We believe increasingly underleveraged b/s points to further dividend increases and/or significant new growth investments not in our current forecasts." The Globe's David Berman suggested on May 23 that the Magellan Aerospace stock may be an attractive purchase in spite of, or actually because of, its well-known quality-control issues which have pounded its shares. The shares were then going for $7.91. The Globe reported on March 21 that Mr. James was keeping his "buy" call on Magellan Aerospace intact. The shares could then be had for $12.24.