Fortress Transportation (FTAI) Declares $0.30 Quarterly Dividend; 1.1% Yield

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Fortress Transportation (FTAI) PT Raised to $120 at RBC Capital

July 25, 2024 6:33 AM EDT

RBC Capital analyst Ken Herbert raised the price target on Fortress Transportation (NASDAQ: FTAI) to $120.00 (from $110.00) while maintaining a Outperform rating.

The analyst comments "FTAI Aviation (FTAI) reported revenues of $444M, beating consensus by 27% and our estimate by 24%. Adj. EBITDA of... More