Jefferies Initiates Coverage of AAR with Buy Recommendation, Analysts Predict 10.56% Upside in Share Price.

Jefferies has initiated coverage of AAR (NYSE:AIR) with a Buy recommendation, citing an average one-year price target of $90.09/share, a 10.56% increase from its latest reported closing price of $81.49/share. The projected annual revenue for AAR is $2,271MM, a decrease of 20.55%, and the projected annual non-GAAP EPS is $5.68. The put/call ratio of AIR is 0.83, indicating a bullish outlook.