yahoo Press
Moody’s Upgraded FTAI Aviation Ltd (FTAI) to Ba2
Images
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. FTAI Aviation Ltd. (NASDAQ:FTAI) is one of the Best Airport Stocks to Buy According to Hedge Funds. On May 19, Moody’s upgraded FTAI Aviation Ltd. (NASDAQ:FTAI)’s corporate family rating to Ba1 from Ba2. Moreover, the rating firm also raised the senior unsecured rating to Ba1, with the preferred stock rating moving to Ba3. The outlook was revised to stable from positive, signaling Moody’s does not anticipate further near-term rating changes. Earlier on May 8, Morgan Stanley raised the price target on the stock from $293 to $319 and maintained a Buy rating on the shares. The rating follows FTAI’s fiscal first quarter 2026 earnings release. During the quarter, the Aerospace Products revenue reached $743.8 million, up 104% year-on-year, while Adjusted EBITDA for the segment grew 70% to $222.6 million. Management noted that the doubling of revenue is significant and reflects the company’s scale of engine maintenance and also the robust end-market demand driven by airlines keeping older narrowbody aircraft flying longer amid new aircraft delivery delays. FTAI Aviation Ltd. (NASDAQ:FTAI) is a leading provider of aviation leasing and maintenance services, specializing in CFM56 and V2500 engine aftermarket support. While we acknowledge the potential of FTAI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 14 Stocks That Will Double in the Next 5 Years. Disclosure: None. Follow Insider Monkey on Google News.
Comments
You must be logged in to comment.