Truist analyst Michael Ciarmoli raised the firm’s price target on Astronics (ATRO) to $107 from $75 and keeps a Buy rating on the shares after its Q4 earnings beat. The primary driver of the price target hike stems from a higher degree of confidence in not only sustained aero operating margins but also the potential for further increases to an upper teen range, the analyst tells investors in a research note.
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Read More on ATRO:
- Astronics price target raised to $90 from $85 at TD Cowen
- Astronics: Conservative 2026 Guidance, Operating Leverage, and Contract Upside Support Buy Rating and $90 Target
- Astronics reports Q4 EPS 78c, consensus 60c.
- Astronics sees 2026 revenue $950M-$990M, consensus $967.72M
- Astronics sees Q1 revenue $220M-$230M, consensus $232.73M