Stifel analyst Benjamin Nolan raised the firm’s price target on FTAI Aviation to $30 from $21 and keeps a Buy rating on the shares. The firm has rolled out 2025 estimates and bases its new price target on those cash flows, though it admits to "the risk of being overly extended." The firm, which thinks the shares are pricing in about $175M of aerospace EBITDA and about $500M of aviation leasing including gains on sales in 2025, said its "specific estimates for the aerospace business are unlikely to be perfect, but we believe they are directionally correct and potentially have some room for upside."
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Published first on TheFly
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