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Fly News Breaks for May 4, 2018
HA
May 4, 2018 | 08:02 EDT
As previously reported, Buckingham downgraded Hawaiian Holdings (HA) to Neutral from Buy and cut its price target to $35 from $55. Analyst Daniel McKenzie said the Southwest Air's (LUV) announcement yesterday to begin service to HI, including inter-island flying, is larger in scope than previously anticipated in his outlook, requiring a the reset to Hawaiian's 2019/2020 earnings and valuation.