Kristine Liwag, an analyst from Morgan Stanley, maintained the Buy rating on FTAI Aviation. The associated price target remains the same with $175.00.
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Kristine Liwag has given her Buy rating due to a combination of factors that highlight FTAI Aviation’s strong financial performance and strategic growth initiatives. The company reported an adjusted EBITDA of $297 million, surpassing market expectations and demonstrating robust financial health. Additionally, FTAI Aviation’s Aerospace Products segment showed a significant year-over-year increase in adjusted EBITDA, reflecting the company’s ability to capitalize on market opportunities.
FTAI Aviation’s strategic moves, such as the acquisition of ATOPS to enhance its MRO operations and the launch of a joint venture with Bauer to expand repair capabilities, further support the positive outlook. The company’s decision to upsize its 2025 Partnership to $6 billion following successful fundraising efforts indicates strong investor confidence. Moreover, the increase in the quarterly dividend to $0.35 is likely to be well-received by the market, reinforcing the company’s commitment to returning value to shareholders.
In another report released today, Barclays also maintained a Buy rating on the stock with a $200.00 price target.