Aircastle to Announce Third Quarter 2016 Earnings on November 1, 2016

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FBR Capital Upgrades Aircastle Limited (AYR) to Outperform

November 2, 2016 6:42 AM EDT

FBR Capital upgraded Aircastle Limited (NYSE: AYR) from Market Perform to Outperform with a price target of $23.00.

Analyst Christopher Nolan commented, "We are raising our investment rating to Outperform following the sell-off in AYR shares following 3Q16's earnings miss. Lower-than-expected gains... More