Hawaiian Holdings (HA) PT Raised to $63 at Deutsche Bank
Deutsche Bank raised its price target on Hawaiian Holdings (NASDAQ: HA) to $63.00 (from $60.00) while maintaining a Buy rating. HA reported March Q diluted EPS of $1.04, ahead of the consensus of $0.86.
Analyst Michael Linenberg expects healthy unit revenue trends to continue in June Q. Overall, HA produced a 13.3% pretax margin, up 70 bps y-o-y. The company also re-upped its share repurchase authorization to $100 mm, from $46 mm remaining at YE.