TD Cowen raised the firm’s price target on AerCap to $90 from $80 and keeps an Outperform rating on the shares. The firm said they reported strong 2Q23 results and raised FY guidance. They also increased their share repurchase program by 500 MM bringing this year s total authorization to 1.5 billion.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AER:
- AerCap raises FY23 adjusted EPS view to $8.50-$9.00, consensus $8.81
- AerCap reports Q2 EPS $2.56, consensus $2.06
- AER Earnings this Week: How Will it Perform?
- AerCap leased, purchased, sold 215 assets in Q2
- AerCap announces lease placment of three Embraer E195-E1 aircraft with Airlink
Questions or Comments about the article? Write to editor@tipranks.com