Benchmark reaffirms Buy rating on TAT Technologies after securing $45-55 million MRO deal with cargo carrier.
From Yahoo Finance: 2025-05-25 04:33:00
Benchmark analysts reiterated their Buy rating on TAT Technologies Ltd. (NASDAQ:TATT) with a $35 price target after securing a $45-55 million MRO partnership with a major cargo carrier. The deal focuses on aircraft maintenance, including Airbus A300 and Boeing 737, 757, 767, and 777.
While the cargo carrier remains undisclosed, speculation points to major players like UPS, FedEx, and DHL. Benchmark is confident in TAT’s business plan and expects positive financial impact. CEO Igal Zamir highlights the company’s “Customer First” policy and growing recognition in maintenance and repair capabilities.
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Read more at Yahoo Finance: Benchmark Reaffirms Buy on TAT Technologies (TATT) After Major MRO Deal