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Legato Capital Management LLC Invests $984,000 in AAR Corp. $AIR
Legato Capital Management LLC has acquired a new stake of 10,972 shares in AAR Corp. (NYSE:AIR) valued at approximately $984,000 during the third quarter. Several other institutional investors have also adjusted their positions in the aerospace company. AAR Corp. has received a “Moderate Buy” rating from analysts with an average price target of $115.40, and the company recently reported strong quarterly earnings, beating analyst estimates.