FTAI Aviation price target raised to $325 from $230 at Citizens

Citizens raised the firm’s price target on FTAI Aviation (FTAI) to $325 from $230 and keeps an Outperform rating on the shares. FTAI has transformed over the past 3-5 years into an industry-leading maintenance, repair, and exchange platform while shifting from a balance-sheet-heavy aviation leasing model to a capital-light alternative asset management structure, the analyst tells investors in a research note, adding that this evolution is expected to have a meaningful positive impact on the company’s valuation over time.