Benchmark initiated coverage on shares of TAT Technologies (NASDAQ:TATT – Free Report) in a research report released on Thursday, MarketBeat reports. The brokerage issued a buy rating and a $30.00 price target on the aerospace company’s stock.
Separately, StockNews.com cut shares of TAT Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 30th.
Check Out Our Latest Research Report on TATT
TAT Technologies Stock Up 11.3 %
Institutional Investors Weigh In On TAT Technologies
An institutional investor recently bought a new position in TAT Technologies stock. Y.D. More Investments Ltd purchased a new stake in shares of TAT Technologies Ltd. (NASDAQ:TATT – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 87,756 shares of the aerospace company’s stock, valued at approximately $1,312,000. Y.D. More Investments Ltd owned about 0.87% of TAT Technologies at the end of the most recent quarter. Institutional investors and hedge funds own 15.13% of the company’s stock.
TAT Technologies Company Profile
TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components.
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