Air Lease (AL) Tops Q3 EPS by 51c

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Air Lease Corp (AL) PT Raised to $97 at RBC Capital

November 9, 2018 7:04 AM EST

RBC Capital analyst Jason Arnold raised the price target on Air Lease Corp (NYSE: AL) to $97.00 (from $93.00) while maintaining a Top Pick rating.

Arnold notes strong 3Q18 performance beat estimates - significant upside ahead given sizable deliveries totaling ~50% of current fleet through 2019.

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