Compass Point analyst Giuliano Bologna raised the firm’s price target on FTAI Aviation (FTAI) to $181 from $175 and keeps a Buy rating on the shares. The firm, which continues to view FTAI as “extremely well positioned to continue outperforming in the near and medium-term” as a provider of both cost and time saving engine maintenance/overhaul solutions in a market that is expected to remain undersupplied for the next few years, believes the pullback in shares is “overdone and created an interesting entry or re-entry point,” the analyst tells investors.
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