Morgan Stanley analyst Kristine Liwag lowered the firm’s price target on AerCap (AER) to $101 from $112 and keeps an Equal Weight rating on the shares. Among the Aerospace group, the uncertainty regarding tariffs increases the risk of further disruption of “an already vulnerable supply chain,” the analyst tells investors in a preview for the sector. In that context, the firm continues to prefer more defensive aftermarket names over original equipment makers, the analyst added.
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