RBC Cuts Price Target on Applied Aerospace & Defense to $18 From $21
RBC Capital Markets has lowered its price target for Applied Aerospace & Defense, Inc. while maintaining an Outperform rating.
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RBC Capital Markets has lowered its price target for Applied Aerospace & Defense, Inc. while maintaining an Outperform rating.
Morgan Stanley analyst Kristine Liwag maintains Applied Aerospace (NYSE:AADX) with a Equal-Weight and lowers the price target from $24 to $16.
U.S. stocks mostly fell, but Bending Spoons surged 40% after Berkshire’s $330M investment. Liquidia and Verastem also posted strong gains.
RBC Capital analyst Ken Herbert maintains Applied Aerospace (NYSE:AADX) with a Outperform and lowers the price target from $24 to $21.
Arxis, Inc. reported third-quarter 2026 revenue of $564.0 million and adjusted earnings per share of $0.37, both exceeding analyst expectations.
https://www.sec.gov/ix?doc=/Archives/edgar/data/2093536/000119312526419718/arxs-20261013.htm