B. Riley last night initiated coverage of TAT Technologies (TATT) with a Buy rating and $61 price target TAT is a leading provider of maintenance, repair, and overhaul services and original equipment manufacturing solutions to the commercial and military aerospace and ground defense industries, the analyst tells investors in a research note. The firm says the company “represents a compelling investment opportunity as an underfollowed aviation-centric, predominantly aftermarket company.” It believes TAT is positioned to capitalize on “robust” secular growth through 2035.
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