Loar Holdings price target lowered to $90 from $92 at RBC Capital

RBC Capital lowered the firm’s price target on Loar Holdings (LOAR) to $90 from $92 and keeps an Outperform rating on the shares ahead of its Q4 results next week. The current estimates do not reflect the recent M&A activity, and the firm continues to have high conviction in Loar after the significant recent under-performance, the analyst tells investors in a research note.