Noah Poponak, an analyst from Goldman Sachs, has initiated a new Buy rating on Loar Holdings Inc. (LOAR).
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Noah Poponak’s rating is based on the potential of Loar Holdings Inc. as an early-stage, high-quality compounder in the aerospace aftermarket sector. He believes that the company offers a unique investment opportunity due to its strong financial profile, which stands out among its peers.
Poponak has set a 12-month price target of $91 for Loar Holdings, reflecting his confidence in the company’s growth trajectory and strategic positioning. The valuation is supported by a 40.0X CY26E EV/EBITDA multiple, indicating expectations of significant earnings growth and value creation over the coming years.
According to TipRanks, Poponak is a 4-star analyst with an average return of 6.6% and a 52.65% success rate. Poponak covers the Industrials sector, focusing on stocks such as Mercury Systems, Huntington Ingalls, and Kratos Defense.
In another report released on November 13, Morgan Stanley also maintained a Buy rating on the stock with a $97.00 price target.