JonesResearch initiated coverage of FTAI Aviation (FTAI) with a Buy rating and $306 price target The company has “rapidly disrupted” the $22B engine maintenance, repair, and overhaul market with innovative solutions, the analyst tells investors in a research note. The firm says FTAI has captured 9% market share in only three years. The company’s upcoming Q3 report will represent an “pivotal turning point” where its aerospace products will eclipse the legacy leasing business, driving better margins, free cash flow and the stock higher, contends JonesResearch.
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