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Fly News Breaks for October 24, 2018
HA
Oct 24, 2018 | 09:19 EDT
Imperial Capital analyst Michael Derchin lowered his price target for Hawaiian Holdings to $57 saying he's using "conservative valuations in light of modest competitive pressures." Hawaiian Holdings on yesterday's earnings conference call indicated its Q4 results will be impacted by modest competitive pressures from the West Coast, Derchin tells investors in a research note. The analyst, however, believes the company is likely to mitigate a challenging environment and generate "top-tier margins" through fiscal 2020. He keeps an Outperform rating on Hawaiian Holdings.
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