Jesup & Lamont Reiterates a 'Buy' on Hawaiian Airlines (HA)
Jesup & Lamont reiterates a 'Buy' rating on Hawaiian Airlines (NYSE: HA)
Jesup analyst says, "The company reported September traffic grew by 8.1% on 3.1% more capacity so that load factor grew to 83.8% from 80%...We estimate that pricing continued to be in line with August levels...The company recently operated several relief flights to Samoa, which is always good for public relations...We believe these shares can trade to $11.50."
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Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages primarily in the scheduled air transportation of passengers and cargo in the United States.
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