StandardAero rated Equal-weight in new coverage at Morgan Stanley

StandardAero (NYSE:SARO) late Monday was rated Equal-weight in new research coverage by analysts at financial-services firm Morgan Stanley. They said the jet-engine repair and maintenance company is currently priced to balance potential risk and reward.

“We recognize that if StandardAero (SARO) outperforms our growth targets and continues to use dry powder to expand its Component Repair business, we could see potential upside toward our Bull case valuation,” Kristine Liwag, analyst at Morgan Stanley, said in an October 28 report.

Morgan Stanley set a price target of $33 a share on StandardAero (SARO), based on a base-case estimate that the company’s enterprise value is 14.9 times earnings before interest, taxes and depreciation for 2026.