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- Deutsche Bank analyst, Hillary Cacanando initiated coverage with a Buy and $29.50 PT for Fortress Transportation and Infrastructure Investors ( NASDAQ: FTAI ).
- Elaborating, its recently spun off infrastructure segment is to become a pure-play aviation company focused on creating value around its engine leasing business.
- Bank mentions that the stock is an attractive investment in differentiated, aviation leasing model that is widening its moat which should multiple platforms for growth.
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- A look at the company's last quarterly report: Fortress Transportation GAAP EPS of $0.11 misses by $0.04, revenue of $177.93M beats by $5M
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- Contributor comments on the stock look like: ' Fortress Transportation: Will It Be A Good Company After The Spin-Off? '
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Deutsche Bank initiated Buy for Fortress Transportation and Infrastructure Investors, PT set at $29.50