Zacks Initiates Coverage of Park With Neutral Recommendation

Zacks Investment Research has recently initiated coverage of Park Aerospace Corp. (PKE) with a Neutral recommendation, citing a blend of strategic strengths and structural risks that may balance out in the near term.The aerospace materials specialist has posted a 13.7% year-over-year revenue increase for the nine months ended Dec. 1, 2024, benefiting from robust demand across commercial, business jet, and military aviation markets. This upward trajectory is underpinned by growing global adoption of composit ...