FTAI Aviation price target raised to $143 from $120 at RBC Capital

RBC Capital raised the firm’s price target on FTAI Aviation to $143 from $120 and keeps an Outperform rating on the shares. The firm is adjusting its model to reflect the company completing its acquisition of Lockheed Martin (LMT) Commercial Engine Solutions on September 9, the analyst tells investors in a research note. The incremental cost savings associated with this acquisition stand to increase FTAI’s Aerospace Products’ adjusted EBITDA by about $38M in 2025 and $46M in 2026, the firm added.