RBC Lowers Price Target for FTAI Aviation
RBC has adjusted its price target for FTAI Aviation, reducing it from $300 to $250.
Stocks · News reference
Stocks in focus: LuxExperience earnings, FTAI’s $500M buyback, Sobr Safe delisting, Trip.com beats estimates, and Lennar reports after close.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
RBC has adjusted its price target for FTAI Aviation, reducing it from $300 to $250.
KBRA has assigned preliminary ratings to the FTAI MRE 2026-2 aviation asset-backed securities (ABS) transaction, which is sponsored by FTAI Aviation.
Morgan Stanley analyst Kristine Liwag maintains FTAI Aviation (NASDAQ:FTAI) with a Overweight and lowers the price target from $360 to $310.
Macquarie analyst Marni Lysaght initiates coverage on FTAI Aviation (NASDAQ:FTAI) with a Outperform rating and announces Price Target of $305.
Mortgage payments have surged 97% since 2020, outpacing income as housing affordability pressures homebuilders ahead of midterm elections.
The U.S. housing industry is struggling with pending home sales down 7.3% month-over-month and 11.3% year-over-year, causing investors to flee homebuilder stocks. However, Berkshire Hathaway is making significant investments in the sector, including acquiring Taylor Morrison for $6.8 billion and increasing its stake in Lennar to 11%. Berkshire CEO Greg Abel views the 10-million-home housing shortage as a long-term opportunity, though he cautions recovery won't be quick. The article suggests ordinary investors should consider buying Berkshire shares rather than directly investing in homebuilders given the volatility and patience required.