FTAI Aviation price target raised to $62 from $52 at Barclays

Barclays raised the firm’s price target on FTAI Aviation to $62 from $52 and keeps an Overweight rating on the shares post the Q4 report. FTAI’s Aerospace Products business continued a steady pace of growth while core leasing EBITDA also improved, the analyst tells investors in a research note. Nonetheless, the company increased leverage to finance the remaining portion of QuickTurn and may require additional capital to fuel further balance sheet expansion, the firm adds.