Compass Point analyst Giuliano Bologna raised the firm’s price target on FTAI Aviation (FTAI) to $181 from $175 and keeps a Buy rating on the shares. The firm, which continues to view FTAI as “extremely well positioned to continue outperforming in the near and medium-term” as a provider of both cost and time saving engine maintenance/overhaul solutions in a market that is expected to remain undersupplied for the next few years, believes the pullback in shares is “overdone and created an interesting entry or re-entry point,” the analyst tells investors.
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Read More on FTAI:
- FTAI Aviation price target raised to $180 from $135 at Barclays
- FTAI Aviation sells offshore energy vessels for $143M, focus on aftermarket
- FTAI Aviation price target raised to $300 from $150 at Benchmark
- FTAI Aviation price target raised to $135 from $110 at Barclays
- FTAI Aviation Ltd. Reports Strong Q3 2024 Results
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
