B of A Securities Maintains Buy on Air Lease, Lowers Price Target to $60
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Kristine Liwag maintains a Buy rating on Air Lease (NYSE:AL) but lowers the price target from $65 to $60.
August 30, 2023 | 2:55 pm
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NEUTRAL IMPACT
Air Lease's price target has been lowered from $65 to $60 by B of A Securities, though the Buy rating is maintained.
The lowering of the price target by B of A Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Buy rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100