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Fly News Breaks for April 8, 2019
AL
Apr 8, 2019 | 05:32 EDT
Goldman Sachs analyst Catherine O'Brien started Air Lease with a Buy rating and $52 price target. The analyst believes the continue to produce above industry average core earnings growth and margins. She sees 42% upside in the shares over the next 12 months. With some segments of the aircraft leasing market facing lower returns due to increased competition, Air Lease's order book of the most in-demand aircraft will allow for continued earnings growth at stable lease yields, O'Brien tells investors in a research note.
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