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Fly News Breaks for November 6, 2018
AAWW
Nov 6, 2018 | 05:08 EDT
Imperial Capital analyst Michael Derchin lowered his price target for Atlas Air Worldwide to $74 to reflect "conservative valuations" amid trade concerns. The analyst, however, keeps an Outperform rating on the shares following the company's Q3 results. Atlas Air shares are attractive considering its "strong" earnings growth potential through fiscal 2019 with its Amazon service approaching full run-rate and low valuations, Derchin tells investors in a research note.
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