Recent Analyst Ratings Forecast Further Upside For TAT Technologies Ltd. (TATT)

TAT Technologies Ltd. (NASDAQ:TATT) is among the 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. The stock has gained nearly 20% year-to-date, as of the close of business on July 16. Recent analyst ratings project further upside potential for its shares.

Recent Analyst Ratings Forecast Further Upside For TAT Technologies Ltd. (TATT)

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On June 4, Truist Securities initiated coverage of TAT Technologies Ltd. (NASDAQ:TATT) with a Buy rating and announced a price target of $35 for the stock, with analysts viewing the company as a vital player in the commercial aerospace aftermarket component repair sector.

Later in the month, on June 11, analysts at Benchmark lifted the stock’s price target to $36 from $35, while maintaining a Buy rating for its shares. The adjustment followed impressive first-quarter results and a major APU contract with a leading international cargo carrier, which the firm described as a significant win.

On June 18, Lake Street also initiated coverage of TAT Technologies Ltd. (NASDAQ:TATT) with a Buy rating and a price target of $37 per share.

TAT Technologies Ltd. (NASDAQ:TATT) provides services and products for the commercial and military aerospace and ground defense sectors. Overall, Wall Street analysts have a consensus Buy rating for the stock, with a one-year average share price target of $35.50, representing an upside potential of 15.22%.

While we acknowledge the risk and potential of TATT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TATT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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