Barclays Maintains Overweight on Air Lease, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mark Devries has maintained an Overweight rating on Air Lease (NYSE:AL) and increased the price target from $46 to $48.
January 25, 2024 | 11:21 am
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Barclays has reaffirmed its Overweight rating on Air Lease and raised the price target to $48, indicating a positive outlook on the stock.
The increase in price target by a major analyst like Barclays typically signals confidence in the company's future performance and can lead to a positive short-term price movement as investors react to the news.
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