Loar Holdings Inc. (LOAR) a Strong Buy, Per Wall Street
Loar Holdings Inc. (NYSE:LOAR) is among the 8 Best Mid Cap Defense Stocks to Buy. According to Insider Monkey's database for Q1 2026, 25 hedge funds hold a stak
Loar Holdings Inc. (NYSE:LOAR) is among the 8 Best Mid Cap Defense Stocks to Buy. According to Insider Monkey's database for Q1 2026, 25 hedge funds hold a stake in the company.
The stock has returned 8.53% so far this year. Wall Street remains bullish, with a Strong Buy rating and a one-year average share price target of $79.25, representing 7% upside as of the close on June 24.
Recent updates include Citigroup analyst John Godyn, who on May 15 reiterated the firm's Buy rating on Loar Holdings Inc. (NYSE:LOAR) with a price target of $71, according to TipRanks.
Earlier on May 8, RBC Capital trimmed its price target on the stock to $80 from $90 following the first-quarter earnings report. However, the firm reiterated an Outperform rating on the shares.
In a research note to investors, RBC Capital's analyst Kenneth Herbert noted the significant net sales growth during the quarter, while adding that the management was so far not seeing any impact from the Iran war.
The company reported net sales of $156.1 million in Q1, up 36.1% year-over-year, while representing an organic increase of 11.4%. Adjusted EBITDA came in at $63.2 million, growing 46.6% from the prior year. Adjusted EP
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/loar-holdings-inc-loar-strong-104712742.html)
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