** J.P. Morgan raises price target on aircraft maintenance firm StandardAero SARO.N to $35 from $34, an upside of 22.4% from the stock's last close
** Says co exceeded Q1 expectations, led by engine service strength; reiterates 'overweight' rating
** Adds engine service demand for rest of the quarters looks robust and strong start in engine services enabled co to raise 2025 revenue forecast by $25 mln
** Co on Monday posted adj EPS of 24 cents vs analysts' expectation of 18 cents, according to data compiled by LSEG
** SARO posted revenue of $1.44 bln, compared to analysts' average estimate of $1.34 bln
** Six brokerages rate the stock "buy" or higher, three "hold"; their median PT is $33.50- LSEG data
** As of last close, stock had risen 15.5% YTD
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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