FTAI Aviation Ltd. (NASDAQ:FTAI) stock surged over 10% in the pre-market trading session on Thursday, following a bullish analyst call from Stifel Nicolaus.
Stifel's analyst Frank Galanti maintained a Buy rating on FTAI Aviation and raised the price target to $167, expressing confidence in the company's growth prospects and future performance.
The analyst's positive outlook and optimistic price target seem to have fueled investor enthusiasm, driving FTAI Aviation's shares significantly higher. The company, which focuses on aviation leasing assets and aerospace products, has been garnering attention from investors seeking exposure to the recovering aviation sector.
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