Astronics initiated with a Buy at TD Cowen

TD Cowen initiated coverage of Astronics (ATRO) with a Buy rating and $65 price target The firm says Astronics is a market share leader in aircraft in-seat power systems. The company should post 30% earnings growth in 2026 and 10% growth in 2027 on over 7% sales growth, the analyst tells investors in a research note. TD believes “investor awareness of the stock is low and can expand.”