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Fly News Breaks for July 26, 2016
HA
Jul 26, 2016 | 07:33 EDT
Argus analyst David Coleman upgraded Hawaiian Holdings to Buy with a $51 price target saying the company has almost doubled earnings in Q2 due to strong demand for flights to Hawaii and low fuel costs, Coleman expects the company to benefit from limited capacity growth on Hawaii-to-West Coast flights, which should help it to maintain ticket prices, as well as from expanded service to Japan and the purchase of new fuel-efficient aircraft.
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