AerCap price target raised to $80 from $75 at BofA

BofA raised the firm’s price target on AerCap to $80 from $75 and keeps a Buy rating on the shares. The firm, which continues to view AerCap as “a strong beneficiary” of the supply/demand mismatch facing the aircraft and engine markets, says its higher target accounts for the favorable macro environment and opportunistic share repurchases.