Reported 3 days ago
On May 23, Morgan Stanley resumed coverage of Loar Holdings Inc. (LOAR), granting it an 'Overweight' rating and a price target of $100. The firm's analysis praised Loar's effective growth strategy, noting a 11.1% year-over-year increase in net sales to $102 million in Q1 2025, along with an improved EBITDA margin of 37.6%. The report highlights the company's robust management and strategic initiatives aimed at fostering growth, including new product development and strong customer relationships.
Source: YAHOO