Royal Bank Cuts FTAI Aviation Price Target to $300

Royal Bank of Canada has reduced its price target for FTAI Aviation (NASDAQ:FTAI) to $300.00, down from a previous target of $350.00. This change was made in a report issued on Monday by the brokerage firm.

The current rating on FTAI Aviation's stock is an 'outperform' and would indicate a potential upside of 35.96% from the stock's previous close of $220.66.

This is not the first time analysts have weighed in on FTAI Aviation's stock, with BTIG Research boosting their price target to $400.00 and giving the company a 'buy' rating in a report on July 22nd. Citizens Jmp also started coverage on FTAI Aviation with a 'market outperform' rating and a $375.00 price target.