FTAI Aviation price target raised to $350 from $270 at RBC Capital

RBC Capital raised the firm’s price target connected FTAI Aviation (FTAI) to $350 from $270 and keeps an Outperform standing connected the shares. Among the caller FTAI announcements, the caller CFM International concern is possibly the astir strategically significant, and the steadfast believes FTAI is present positioned to transcend anterior CFM56 expectations successful presumption of some revenues and margins, the expert tells investors successful a probe note. The institution should present beryllium viewed arsenic the starring non-OEM subordinate successful the CFM56 aftermarker, the steadfast added.

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