Madison Air Solutions (NYSE:MAIR) Rating Increased to Strong-Buy at Wells Fargo & Company

Madison Air Solutions (NYSE:MAIR) was upgraded by analysts at Wells Fargo & Company to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

MAIR has been the subject of several other research reports. Stifel Nicolaus started coverage on shares of Madison Air Solutions in a research report on Monday. They set a “buy” rating and a $47.00 price target for the company. Barclays started coverage on shares of Madison Air Solutions in a research report on Monday. They set an “overweight” rating and a $45.00 price target for the company. Robert W. Baird started coverage on shares of Madison Air Solutions in a research report on Monday. They set an “outperform” rating and a $48.00 price target for the company. Wolfe Research assumed coverage on shares of Madison Air Solutions in a research report on Monday. They set a “peer perform” rating for the company. Finally, William Blair assumed coverage on shares of Madison Air Solutions in a research report on Monday. They issued an “outperform” rating for the company. Three analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Madison Air Solutions has a consensus rating of “Buy” and an average target price of $47.22.

Madison Air Solutions Stock Performance

Shares of MAIR stock opened at $41.78 on Monday. Madison Air Solutions has a one year low of $31.00 and a one year high of $44.25.

Key Stories Impacting Madison Air Solutions

Here are the key news stories impacting Madison Air Solutions this week:

• Positive Sentiment: Bank of America initiated coverage on Madison Air Solutions with a buy rating and a $47 price target, implying upside from recent levels. Article Title
• Positive Sentiment: William Blair began coverage with an outperform rating, reinforcing a bullish analyst view on the company. Article Title
• Positive Sentiment: Vertical Research initiated coverage with a buy rating and a $50 price target, the most optimistic of the new calls. Article Title
• Neutral Sentiment: Short interest in Madison Air Solutions increased sharply in April, but the reported short interest is still only about 0.9% of shares outstanding and the days-to-cover ratio remains low at 0.5 days, making the signal limited for now.

About Madison Air Solutions

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.