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StandardAero initiated with an Outperform at Wolfe Research

Wolfe Research initiated coverage of StandardAero (SARO) with an Outperform rating and $34 price target The firm says disruption in all areas of the plane manufacturer landscape make it a very good time to be an aero aftermarket provider. StandardAero “is a big fish” in the independent aircraft engine maintenance, repair and overhaul pond with sales drivers, the analyst tells investors in a research note.

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