NYSE:LOARAerospace & Defense
Why Loar Holdings (LOAR) Is Up 5.5 Percent After Goldman Sachs Initiates Coverage With a Buy Rating
Earlier this week, Goldman Sachs initiated coverage on Loar Holdings, assigning a Buy rating due to the company's robust financial profile and sector positioning in aerospace aftermarket services.
This marks a significant analyst endorsement at a time when Loar Holdings has demonstrated record sales, underscoring its perceived strength in a competitive industry.
We’ll explore how Goldman Sachs’ confidence in Loar’s financial profile and aftermarket positioning affects the company’s...