BofA initiated coverage of StandardAero (SARO) with a Neutral rating and $34 price target The firm sees the company as a well-run commercial aerospace maintenance, overhaul, and repair business with growth opportunities ahead. However, being the “wrench-turner” versus “part-marker” limits StandardAero’s margin upside many investors associate with the aerospace aftermarket, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SARO: