Citi raised the firm’s price target on FTAI Aviation (FTAI) to $165 from $134 and keeps a Buy rating on the shares. The company “seems likely to stay on a strong trajectory,” considering global aerospace supply chain challenges, the related scarcity of global maintenance capacity and continued strong momentum for its engine module business, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTAI:
- FTAI Upcoming Earnings Report: What to Expect?
- FTAI Aviation price target raised to $160 from $125 at Deutsche Bank
- Heico price target raised to $265 from $245 at Morgan Stanley
- FTAI Aviation price target raised to $148 from $140 at Morgan Stanley
- Jefferies aerospace & defense analysts hold analyst/industry conference call