Loar Holdings price target raised to $99 from $91 at Citi

Citi analyst Jason Gursky raised the firm’s price target on Loar Holdings (LOAR) to $99 from $91 and keeps a Buy rating on the shares. The company’s Q1 results were better than expected and its momentum continues, the analyst tells investors in a research note. The firm says Loar’s increased 2025 guidance appears to embed a degree of conservatism given macro uncertainty despite the record bookings in the quarter.