Initiated Overweight X

AIR AAR Corp

KeyBanc Capital Markets

$83

Initiated Outperform X

AIR AAR Corp

William Blair

Initiated Buy X

AIR AAR Corp

Stifel

$80

Initiated Outperform X

AIR AAR Corp

RBC Capital Mkts

$45

Reiterated Buy X

AIR AAR Corp

The Benchmark Company

$40 $52

Initiated Buy X

AIR AAR Corp

Stifel

$50

Downgrades Buy Hold X

AIR AAR Corp

SunTrust

Reiterated Buy X

AIR AAR Corp

Canaccord Genuity

$48 $52

Upgrades Hold Buy X

AIR AAR Corp

Canaccord Genuity

$42 $46

AIR  AAR Corp.

AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities. Its services and products include aviation supply chain and parts support programs; MRO of aircraft and landing gear; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services; aircraft modifications, and aircraft and engine sales and leasing. It serves commercial, defense and governmental aircraft fleet operators, original equipment manufacturers and independent service providers around the world. Its landing gear overhaul facility is in Miami, Florida, where it repairs and overhauls landing gear, brakes and actuators for various types of commercial and military aircraft.