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Aviation Stocks Dip on Melius Downgrades, Aftermarket Growth Concerns
Aerospace stocks faced pressure as Melius Research downgraded five key names, citing concerns over moderating aftermarket growth. The firm warned that several years of robust expansion in replacement parts and repair services may be decelerating.
- Watch Aerospace and as price targets were significantly reduced by Melius Research. - Investors may monitor TransDigm Group and Woodward following their respective price target cuts. - Consider Honeywell Aerospace Technologies as Melius lowered its price target.
