Susquehanna analyst Christopher Stathoulopoulos lowered the firm’s price target on AerCap to $70 from $75 and keeps a Positive rating on the shares. The analyst said with global demand for air travel handily outpacing supply, we see a constructive fundamental backdrop for the company, with multi-year lease terms helping to offset potential cyclical risk into 2H23.
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Published first on TheFly
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Read More on AER:
- AerCap price target raised to $78 from $77 at Barclays
- AerCap reports Q1 adjusted EPS $2.34, consensus $1.97
- Is AER a Buy, Before Earnings?
- Benchmark aerospace analysts to hold analyst/industry conference call
- AerCap reports 252 assets leased, purchased and sold in Q1
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