Astronics price target raised to $32 from $24 at Truist

Truist raised the firm’s price target on Astronics (ATRO) to $32 from $24 and keeps a Hold rating on the shares as part of a broader research note on Commercial Aerospace component names. The firm has refreshed its aerospace supplier shipset and revenue exposure per aircraft analysis in light of the recent MAX production optimism, the analyst tells investors in a research note.