Stifel raised the firm’s price target on FTAI Aviation to $33 from $30 and keeps a Buy rating on the shares. FTAI announced an earnings beat that was driven by the growing aerospace segment, the analyst tells investors. FTAI is still improving, and the firm expects there to be continued upside from the current consensus on revenue and profitability of the aerospace business. Due to the company’s strong fundamental momentum, Stifel is increasing its price target on the stock.
Published first on TheFly
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