Benchmark Lifts TAT Technologies Target to $58 After Investor Day; Buy Rating Unchanged
Benchmark raised its price objective on TAT Technologies (NASDAQ: TATT) from $53 to $58 while keeping a Buy rating, noting management's Investor Day presentation and several near-term catalysts. The new target implies roughly 24% upside from the current share price of $46.76. Recent multi-year and one-year revenue growth, alongside a growing backlo…