Benchmark raised the firm’s price target on FTAI Aviation to $45 from $35 and keeps a Buy rating on the shares, citing catalysts it expects to play out this year that include index additions, PMA submissions, and limited OEM new aircraft and spares driving leasing values. Driven by potential for EBITDA of $500M in both the leasing and parts segments, the firm sees "a path to $100" for the shares ultimately, the analyst tells investors.
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Published first on TheFly
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