ATSG to be Acquired by Stonepeak for $3.1 Billion

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Stifel Downgrades Air Transport Services Group (ATSG) to Hold

November 4, 2024 12:24 PM EST

Stifel analyst Frank Galanti downgraded Air Transport Services Group (NASDAQ: ATSG) from Buy to Hold with a price target of $22.50 (from $25.00).

The analyst comments "ATSG announced that it has entered into an agreement to be acquired by Stonepeak at $22.50/ share. This confirms the... More