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institutional investors increase stakes in aar amid mixed analyst ratings
Truist Financial has lowered its price target for AAR Corp (NYSE:AIR) from $81.00 to $78.00, maintaining a "buy" rating, indicating a potential upside of 31.44%. AAR's stock recently traded down 13.2% to $59.34, with analysts giving it an average rating of "Moderate Buy" and a consensus target price of $80.80. The company reported a quarterly EPS of $0.99, surpassing estimates, while revenue increased by 19.5% year-over-year.