The Globe and Mail reports in its Tuesday, March 18, edition that TD Cowen analyst Tim James continues to rate Transat AT "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. James gave his share target a 25-cent trim to $1.75. Analysts on average target the shares at $1.59. Mr. James says in a note: "Booking trends suggest stronger-than-previously expected F2025 yield environment, though the risks related to tariffs/economy are increasing. We continue to believe the share-price upside will be limited due to high financial leverage, narrow margins, P&W engine issues and uncertainty resulting from tariff-related and FX headwinds." The Globe reported on Dec. 13 and Feb. 12 that Mr. James continued to rate Transat AT "hold." The shares could then be had for $1.95 and $1.75.