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FTAI Aviation price target raised to $266 from $220 at Morgan Stanley

Morgan Stanley analyst Kristine Liwag raised the firm’s price target on FTAI Aviation (FTAI) to $266 from $220 and keeps an Overweight rating on the shares. A shortage of industrial gas turbines paves way for industrial aeroderivative gas turbines and FTAI Power is “leading the charge on this initiative,” the analyst tells investors.

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