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AAR Corp. price target raised to $105 from $90 at RBC Capital

RBC Capital raised the firm’s price target on AAR Corp. (AIR) to $105 from $90 and keeps an Outperform rating on the shares. AAR reported strong fiscal Q2 results, with total sales growth of 16% and strong industry fundamentals, the analyst tells investors in a research note. The margin set up remains “encouraging” into fiscal 2027, the firm adds.

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