Stifel initiated coverage of TAT Technologies (TATT) with a Buy rating and $44 price target The firm believes the company is positioned for continued double-digit organic revenue growth, margin expansion, and to further leverage the “attractive” aerospace aftermarket industry via accretive acquisitions. TAT has successfully refocused its business on the “attractive growth area” of aviation maintenance, repair, and overhaul services, the analyst tells investors in a research note.
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