Published on 30 May 2024 on Zacks via Yahoo Finance
Zacks Initiates Coverage of Air T With Neutral Recommendation
Zacks Investment Research has recently initiated coverage of Air T, Inc. AIRT, assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been making notable strides in the aviation space despite industry challenges.
Air T, presently operating from Charlotte, NC, is a diversified holding company engaged in aviation-related businesses. The company operates in four industry segments — Overnight Air Cargo, Ground Equipment Sales, Commercial Jet Engines and Parts, and Corporate and Other.