Firan Technology Group (FTG:CA)
Analyst Update
Raymond James raised its 12 month target price to $17.50 from $15.00 while maintaining an Outperform rating, reflecting improved confidence in the company’s earnings trajectory and execution. The higher target is underpinned by strengthening demand across FTG’s aerospace and defense end markets, where elevated order activity and long program visibility are driving revenue growth and margin expansion. Analysts also highlighted improving operational efficiency, a solid backlog position, and a disciplined capital structure, which together support enhanced free cash flow generation and position the company well to benefit from sustained defense spending and aviation recovery trends.
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