SkyWest (SKYW) PT Raised to $63 at Imperial Capital on 2Q Report; 'Better Than Expected 2Q18 Earnings & FY18 Outlook'
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Price: $96.88 -1.49%
Rating Summary:
9 Buy, 5 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
9 Buy, 5 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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Imperial Capital raised its price target on SkyWest (NASDAQ: SKYW) to $63.00 (from $60.00) while maintaining a In-Line rating, following the company's second quarter earnings report.
Analyst Michael Derchin notes a positive outlook on the shares, as SKYW reported second quarter earnings per share and revenues above consensus projections, while providing 'better than expected' full year 2018 outlook, citing improving revenue per block hours data.
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