TD Cowen analyst Moshe Orenbuch lowered the firm’s price target on Air Lease (AL) to $54 from $56 and keeps a Buy rating on the shares. The firm said their beat was primarily driven by higher aircraft sales, partially offset by higher interest expense and lower lease revenue.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.