FTAI Aviation price target raised to $200 from $185 at RBC Capital

RBC Capital analyst Ken Herbert raised the firm’s price target on FTAI Aviation (FTAI) to $200 from $185 and keeps an Outperform rating on the shares. The company’s Q3 results were in-line, though the upsized SCI – Strategic Capital Initiative – was the highlight as it expands FTAI’s total addressable market and accelerates its asset management opportunity, the analyst tells investors in a research note.