Loar Holdings Inc. Reports Q2 2024 Results and Upward Revision to Guidance

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Loar Holdings Inc (LOAR) PT Raised to $80 at RBC Capital

August 14, 2024 6:28 AM EDT

RBC Capital analyst Ken Herbert raised the price target on Loar Holdings Inc (NYSE: LOAR) to $80.00 (from $65.00) while maintaining a Outperform rating.

The analyst comments "Loar Holdings (LOAR) reported strong 2Q24 results, with adj. EBITDA of $35M (a 36% margin) and total sales of $97M... More