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Jefferies Keeps Their Buy Rating on FTAI Aviation (FTAI)

Tipranks - Tipranks - Tue Mar 10, 1:06AM CDT

In a report released on March 6, Sheila Kahyaoglu from Jefferies maintained a Buy rating on FTAI Aviation, with a price target of $375.00. The company’s shares closed last Friday at $260.35.

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Kahyaoglu covers the Industrials sector, focusing on stocks such as Boeing, Southwest Airlines, and FTAI Aviation. According to TipRanks, Kahyaoglu has an average return of 13.9% and a 62.50% success rate on recommended stocks.

In addition to Jefferies, FTAI Aviation also received a Buy from TipRanks – PerPlexity’s PerPlexity Rental and Leasing Services in a report issued on March 6. However, on the same day, TipRanks – xAI reiterated a Hold rating on FTAI Aviation (NASDAQ: FTAI).

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Based on FTAI Aviation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $662.03 million and a net profit of $115.56 million. In comparison, last year the company earned a revenue of $502.93 million and had a net profit of $102.45 million

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