AerCap price target raised to $115 from $110 at Deutsche Bank

Deutsche Bank raised the firm’s price target on AerCap (AER) to $115 from $110 and keeps a Buy rating on the shares. During the September quarter, aircraft delivery delays continued, driven by supply constraints and engine issues, further exacerbated by the ongoing labor strike at Boeing, the analyst tells investors in a research note. The firm says these issues continued to support the favorable lease rate environment and strong residual values of aircraft. It continues to be constructive on the aircraft lessors.