Morgan Stanley analyst Kristine Liwag raised the firm’s price target on FTAI Aviation to $140 from $105 and keeps an Overweight rating on the shares. The firm, which named FTAI Aviation as its Top Pick in Aerospace, says it continues to see FTAI’s growth prospects underappreciated by the market. Morgan Stanley continues see a strong demand backdrop for engine maintenance and sees FTAI well-positioned to capture this demand, the analyst tells investors in a research note.
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