Goldman Sachs analysts added Loar Holdings (LOAR) to the firm’s US Conviction List as part of its monthly update. The firm views Loar as one of the highest quality aerospace and defense “earnings compounders,” citing its strong margins and free cash conversion. Goldman has a Buy rating on the shares with a $98 price target
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Read More on LOAR:
- Citi adds ‘upside 90-day catalyst watch’ on Loar Holdings
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