Stock Track | Loar Holdings Soars 6.02% Intraday After Morgan Stanley Raises Price Target to $97

Stock Track

05/08

Loar Holdings Inc (LOAR) saw its stock price soar 6.02% during intraday trading on Friday, following positive analyst action from a major investment bank.

The surge comes after Morgan Stanley raised its price target on Loar Holdings to $97 from $91 while maintaining its Overweight rating. According to FactSet data, Loar Holdings has an average buy rating with a mean price target of $86.40 among analysts.

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