Dahlman Rose Downgrades Hawaiian Holdings (HA) to Hold; Asian Pacific Growth Concerns Coupled W/ Higher Fuel Costs
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Price: $13.33 +0.08%
Rating Summary:
4 Buy, 11 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
Rating Summary:
4 Buy, 11 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
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Dahlman Rose downgraded Hawaiian Holdings (NASDAQ: HA) from Buy to Hold.
Dahlam analyst says, "Finally, we are downgrading the common shares of Hawaiian Holdings for similar reasons: substantial Asia Pacific capacity growth and high crude prices. Hawaiian's share price is below its cash position, but we expect the shares to be range bound until crude comes down or until traffic to Japan improves from the current level."
For more ratings news on Hawaiian Holdings click here and for the rating history of Hawaiian Holdings click here.
Shares of Hawaiian Holdings closed at $5.55 yesterday.
Dahlam analyst says, "Finally, we are downgrading the common shares of Hawaiian Holdings for similar reasons: substantial Asia Pacific capacity growth and high crude prices. Hawaiian's share price is below its cash position, but we expect the shares to be range bound until crude comes down or until traffic to Japan improves from the current level."
For more ratings news on Hawaiian Holdings click here and for the rating history of Hawaiian Holdings click here.
Shares of Hawaiian Holdings closed at $5.55 yesterday.
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