Dahlman Rose Upgrades SkyWest (SKYW) to Hold; New Contract with American Airlines

September 12, 2012 8:46 AM EDT
Get Alerts SKYW Hot Sheet
Price: $36.85 +1.52%

Rating Summary:
    6 Buy, 5 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Dahlman Rose upgraded SkyWest (NASDAQ: SKYW) from Sell to Hold.

Analyst, Helane Becker, said, "SkyWest announced it has signed an agreement with American Airlines to operate 23 CRJ200 aircraft. These aircraft were previously placed with other carriers. This contract should lift any near-term uncertainty with the stock."

For an analyst ratings summary and ratings history on SkyWest click here. For more ratings news on SkyWest click here.

Shares of SkyWest closed at $9.40 yesterday.

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