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Fly News Breaks for February 20, 2019
AAWW
Feb 20, 2019 | 05:30 EDT
Imperial Capital analyst Michael Derchin raised his price target Atlas Air Worldwide (AAWW) to $79 following the company's Q4 results. The analyst views the stock's risk/reward as attractive and keeps an Outperform rating on Atlas Air. The company is seeing "healthy" underlying revenue earnings growth and has a "strong likelihood" of new flying with Amazon (AMZN) as well as "low valuations," Derchin tells investors in a research note.
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