Susquehanna analyst Christopher Stathoulopoulos raised the firm’s price target on Air Transport Services to $26 from $18 and keeps a Positive rating on the shares. The firm views its decision to rein in capex and tighten the period between feedstock acquisition and conversion as strategically sound and also demonstrates management’s willingness to address concerns around the risks of managing a full order book against an uncertain macro backdrop.
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Read More on ATSG:
- Air Transport Services price target raised to $21 from $17 at Truist
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