TAT Technologies price target lowered to $52 from $56 at Truist

Truist lowered the firm’s price target on TAT Technologies (TATT) to $52 from $56 but keeps a Buy rating on the shares after its Q3 results. EBITDA margin expansion coupled with solid mid-teens growth paced the results, and the firm expects ongoing operational efficiencies and volumes to help margins grind higher in the coming periods, the analyst tells investors in a research note. Truist has moderated its revenue estimate in 2026 however to maintain a level of conservatism around the 131 APU opportunity, the firm added.