Morgan Stanley resumes coverage on Loar Holdings, sets PT at $100

ReutersMay 23, 2025 11:48 AM

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

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