FTAI Aviation price target raised to $135 from $110 at Barclays

Barclays raised the firm’s price target on FTAI Aviation (FTAI) to $135 from $110 and keeps an Overweight rating on the shares post the Q3 report. The pullback in FTAI shares “likely represents a breather following significant market outperformance in 2024,” the analyst tells investors in a research note. The firm says the results were solid, guidance is moving higher and management is making prudent capital allocation decisions benefiting the long-term company health on its journey transitioning into a larger Aviation Products business.