Embraer and Mechanics Bancorp see analyst updates

Scotiabank has raised its price target for Embraer from $81.00 to $98.00, citing expectations for higher margins and increased deliveries. The bank noted a potential $10 billion narrowbody program starting in 2028 as a driver, though it cautioned about potential financing needs if the program expands or margins decline. Embraer reported a 23% revenue increase to $2.20 billion in the second quarter of 2026, with a third-quarter delivery count of 66 aircraft.

Separately, Cantor Fitzgerald has lowered its price target for Mechanics Bancorp from $18.00 to $17.00 ahead of the company's third-quarter 2026 earnings report. While maintaining an Overweight rating, the analyst focused on the net interest margin (NIM) as a critical driver for the upcoming report. The company's NIM stood at 3.62% in the second quarter of 2026.