Madison Air price target raised to $47 from $45 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on Madison Air (MAIR) to $47 from $45 and keeps an Overweight rating on the shares following the earnings report. The company’s orders trends imply double-digit commercial sales growth through 2027, while its residential segment “appears to be moving past its volume trough,” the analyst tells investors in a research note.