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Fly News Breaks for January 4, 2017
AYR
Jan 4, 2017 | 09:13 EDT
Compass Point analyst Scott Valentin initiated Aircastle with a Neutral and a $24 price target due to above average exposure to widebody aircraft, limited earnings visibility, reliant upon sourcing aircraft from extremely competitive secondary market, and less than investment grade rating places the company at a cost of capital disadvantage versus larger peers.
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