Fortress Transportation (FTAI) Declares $0.33 Quarterly Dividend; 7.7% Yield

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Fortress Transportation (FTAI) PT Lowered to $20 at Stephens Following 4Q

March 2, 2018 7:15 AM EST

Stephens lowered its price target on Fortress Transportation (NYSE: FTAI) to $20.00 (from $24.00) while maintaining a Overweight rating following the company's 4Q earnings report. FTAI reported adjusted EPS of $0.08 that missed consensus estimates of $0.12. Both adjusted EBITDA and FAD also came in ahead of Street... More