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Fly News Breaks for May 13, 2016
AER
May 13, 2016 | 07:02 EDT
Deutsche Bank analyst Michael Linenberg views yesterday's post-earnings selloff in shares of AerCap as overdone. The company's $800M of excess projected capital for this year will likely be used entirely for share repurchases, Linenberg tells investors in a research note. He views buybacks as a potential "powerful catalyst" to get the stock higher this year. Linenberg keeps a Buy rating on AerCap with a $65 price target. FBR Capital this morning downgraded AerCap to Market Perform.
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