AerCap Holdings (AER) PT Raised to $60 at Cowen
Get Alerts AER Hot Sheet
Price: $147.84 +4.17%
Rating Summary:
21 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
21 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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Cowen analyst Helane Becker raised the price target on AerCap Holdings (NYSE: AER) to $60.00 (from $56.00) while maintaining an Outperform rating.
Becker commented, "AerCap increased their core EPS (ex sales) and sale proceeds guidance due to strong demand for assets in a capacity constrained environment. 2019 is looking to be a banner year as sales margins are higher than historical norms. The core business remains strong and is positioned for growth once the MAX is re-certified. In the meantime, we expect management to be active with their buyback program."
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