By: Benzinga
UPDATE: Citigroup Reiterates Buy Rating, Raises PT on Wesco Aircraft Holdings
In a report published Wednesday, Citigroup reiterated its Buy rating on Wesco Aircraft Holdings (NYSE: WAIR ), and slightly raised its price target from $17.00 to $18.00. Citigroup noted, “WAIR offers revenue & earnings visibility due to announced production rate increases, although this likely costs margin as the company shifts
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