AAR Corp. (AIR) Shares Soar 6.01% on Truist Price Target Hike

AAR Corp. (AIR) shares surged 0.39% today, marking the fourth consecutive day of gains, with a cumulative increase of 6.01% over the past four days. The stock price reached its highest level since July 2024, with an intraday gain of 2.29%.

The strategy of buying AIR shares after they reach a recent high and holding for one week resulted in no return over the past five years. The strategy had a CAGR of 0.00% and an excess return of 100.00%, but the benchmark return was -100.00%, indicating that the strategy underperformed the market significantly. Additionally, the strategy had a maximum drawdown of 0.00% and volatility of 0.00%, suggesting that it did not experience any significant losses, but also did not generate any returns.

One of the most significant factors influencing the recent surge in AAR Corp. (AIR) stock price is the increased price target set by Truist Securities. On July 11, 2025, Truist Securities raised the price target for AAR Corp. (AIR) from $78.00 to $81.00 while maintaining a "Buy" rating. This adjustment reflects a strong confidence in the stock's potential performance and aligns with positive prospects for investors, suggesting AAR Corp. remains a favorable option in the market.