TD Cowen Maintains Buy on Air Lease, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Helane Becker maintains a Buy rating on Air Lease (NYSE:AL) but lowers the price target from $59 to $56.
May 07, 2024 | 4:44 pm
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TD Cowen maintains a Buy rating on Air Lease but lowers the price target from $59 to $56.
The adjustment in price target by TD Cowen reflects a slight change in valuation expectation for Air Lease, though the Buy rating indicates continued confidence in the company's performance. This could lead to mixed reactions in the short term, as investors weigh the reduced price target against the maintained positive outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100