** Morgan Stanley resumes coverage on aerospace parts supplier Loar Holdings LOAR.N with "overweight" rating, sets PT at $100
** PT implies 18.6% upside to stock's last close
** LOAR is executing well on its growth strategy, both through its own efforts and through acquisitions, brokerage says
** Adds that demand for Loar's products is strong, with record bookings across all markets
** Brokerage expects co's revenue to grow at rate of 23% per year from 2024 to 2026
** LOAR has potential to make future acquisitions, with around $86 million available for this purpose, Morgan Stanley says
** As of last close, LOAR stock up 14.1% YTD
(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。