Moog Earns $520 JPMorgan Target, Following Black Hawk Autopilot Certification

JPMorgan initiated coverage on Moog Inc. with an Overweight rating. The firm set a price target of $520 per share, suggesting significant upside from the previous closing price.

Moog received FAA certification for the first retrofit IFR-approved 4-axis autopilot for the Black Hawk helicopter.

The company expanded its support capabilities agreement with S3 AeroDefense. This partnership enhances global maintenance, repair, and sustainment for H-60 and S-70 operators.