Truist raised the firm’s price target on Astronics (ATRO) to $75 from $58 and keeps a Buy rating on the shares. Despite a strong 2025, the Aerospace & Defense sector remains broadly bullish for 2026, with rising aircraft production and sustained aftermarket demand supporting both OE and AM segments, the analyst tells investors in a research note. Defense may see fewer catalysts, but recapitalization, geopolitical tensions, and replenishment needs should sustain demand, making stock selection critical amid elevated valuations, particularly for SMID defense tech names, the firm adds.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATRO:
- Astronics ups Q4 revenue view to $236M-$239M from $225M-$235M, consensus $230M
- Astronics sees FY26 revenue $950M-$990M, consensus $951.33M
- Astronics participates in a conference call with Craig-Hallum
- Autodesk upgraded, Nio downgraded: Wall Street’s top analyst calls
- Astronics initiated with a Buy at TD Cowen