Analysts See More Upside For Loar Holdings Stock: What You Need To Know
Portfolio Pulse from Vaishali Prayag
Loar Holdings (NYSE: LOAR) received favorable analyst coverage from Morgan Stanley, RBC Capital, and Citigroup following its IPO last month. The company, which operates in the aerospace and defense sector, reported strong financial results and has projected positive growth for fiscal-year 2024.
May 20, 2024 | 6:30 pm
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POSITIVE IMPACT
Loar Holdings received favorable analyst coverage from Morgan Stanley, RBC Capital, and Citigroup, with price targets ranging from $55 to $64. The company reported strong financial results and has positive growth projections for fiscal-year 2024.
The favorable analyst ratings and strong financial performance indicate positive sentiment and potential for stock price appreciation. The price targets from major firms suggest confidence in the company's growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100