AerSale's Shares Jump 4.8% on Truist Financial's Raised Price Target

AerSale shares jumped 4.8% after Truist Financial raised its price target to $8 from $6, maintaining a "Hold" rating. The increased price target suggests improved confidence in the company's future value. AerSale's shares are not very volatile and have had only 9 moves greater than 5% over the last year, indicating that the market considers this news meaningful.