UBS Maintains a 'Buy' on Hawaiian Holdings (HA); Upward Revisions in 8-K

June 28, 2012 11:00 AM EDT
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Price: $18.00 --0%

Rating Summary:
    4 Buy, 11 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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UBS maintains a 'Buy' on Hawaiian Holdings (NASDAQ: HA) price target of $12.00.

Analyst, Kevin Crissey, said better revenue and fuel outweighs other cost pressures.

Last night, HA issued an 8-K, in which The Company has revised its expectations provided in the First Quarter Earnings Release Conference Call on April 24, 2012.

Specifically, the Company now expects a higher rate of growth in passenger and operating revenue per available seat mile (ASM), an increase in passenger load factor and an increase in cost per ASM excluding fuel and lease termination costs.

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

Shares of Hawaiian Holdings closed at $6.48 yesterday.


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