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Fly News Breaks for November 5, 2019
SKYW
Nov 5, 2019 | 06:59 EDT
As previously reported, Stephens analyst Scott Schoenhaus initiated coverage of SkyWest with an Overweight rating and $75 price target. He believes the company, as the largest domestic regional airline, is well-positioned to grow earnings and market share and he sees the stock's valuation as attractive, Schoenhaus tells investors. He also thinks SkyWest's more defensive business model providing insulation from the macro-economic factors more likely to impact mainline peers.
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