Barclays raised the firm’s price target on FTAI Aviation to $80 from $62 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the transportation sector. Transport results season should highlight improvements for railroads, continued yield gains for less-than-truckload and challenges for truckload , intermodal and brokerage operators, the analyst tells investors in a research note.
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Read More on FTAI:
- FTAI Aviation Explores Expansion and Announces Senior Notes Offering
- FTAI Aviation Commences Cash Tender Offer for Any and All of Its Outstanding 6.50% Senior Notes Due 2025
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- FTAI Aviation Ltd. Announces 2023 PFIC Annual Information Statement
- FTAI Aviation price target raised to $100 from $45 at Benchmark
