Bridger Aerospace price target raised to $5.75 from $5.25 at Canaccord

Canaccord raised the firm’s price target on Bridger Aerospace (BAER) to $5.75 from $5.25 and keeps a Buy rating on the shares. The firm said Q3 results largely reflected improved flight revenue as Bridger’s Super Scooper fleet experienced its highest level of utilization ever on the heels of increased exclusive task orders to battle ongoing wildfires throughout the US.