JMP Securities analyst Devin Ryan raised the firm’s price target on FTAI Aviation to $40 from $36 and keeps an Outperform rating on the shares. FTAI Aviation delivered another strong quarter, and the business has hit an inflection in terms of the trajectory of growth as well as profitability and the consistency of earnings, the analyst tells investors in a research note. The firm expects healthy results from FTAI moving forward.
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Read More on FTAI:
- FTAI Aviation Ltd. Reports Second Quarter 2023 Results, Declares Dividend of $0.30 per Ordinary Share
- FTAI Aviation reports Q2 diluted EPS 46c, consensus 30c
- FTAI Upcoming Earnings Report: What to Expect?
- FTAI Aviation price target raised to $38 from $32 at Barclays
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