Topeka Capital Starts AAR Corporation (AIR) at Hold
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Price: $132.39 -4.87%
Rating Summary:
9 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
9 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Topeka Capital initiates coverage on AAR Corporation (NYSE: AIR) with a Hold. PT $17.00.
The firm comments, "We are initiating coverage on AAR Corp. with a Hold rating and $17 price target. Our rating is predicated on decelerating quarterly trends, and incremental risk related to the Company's defense businesses. We do highlight management efforts to return cash to shareholders and strengthen the balance sheet, coupled with a positive outlook in the commercial business as offsets to defense concerns."
For an analyst ratings summary and ratings history on AAR Corporation click here. For more ratings news on AAR Corporation click here.
Shares of AAR Corporation closed at $18.66 yesterday.
The firm comments, "We are initiating coverage on AAR Corp. with a Hold rating and $17 price target. Our rating is predicated on decelerating quarterly trends, and incremental risk related to the Company's defense businesses. We do highlight management efforts to return cash to shareholders and strengthen the balance sheet, coupled with a positive outlook in the commercial business as offsets to defense concerns."
For an analyst ratings summary and ratings history on AAR Corporation click here. For more ratings news on AAR Corporation click here.
Shares of AAR Corporation closed at $18.66 yesterday.
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