BTIG maintained its Buy rating and $190.00 price target for FTAI Aviation (NASDAQ: FTAI), which has demonstrated strong revenue growth of 36.77% over the last twelve months, despite recent challenges the company faced.

StockNews.com upgraded shares of FTAI Aviation (NYSE:FTAI – Free Report) to a sell rating in a report released on Tuesday. Several other analysts also recently weighed in on the stock. Citigroup lifted their target price on shares of FTAI Aviation from $134.

FTAI said it strongly disagrees with the report's claims, but will likely need time to review them thoroughly as it prepares audited financial statements for fiscal 2024. As a result, the filing of the annual report may be delayed, the company said. FTAI shares dropped 20% to $89.91 in premarket trading.

Shares of FTAI Aviation plummeted more than 30% on Tuesday after the U.S. aircraft lessor announced that its audit committee would investigate claims of financial irregularities made by short-seller Muddy Waters Research.

NEW YORK, NY / ACCESS Newswire / January 20, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of FTAI

FTAI Aviation's stock price plummeted following an accusation by research firm, Muddy Waters, that FTAI Aviation has been recording one-time engine sales as Maintenance Repair & Overhaul revenue in its Aerospace Products (AP) segment.