Air Lease shares are trading lower after the company reported worse-than-expected Q2 revenue results. Also, Barclays lowered its price target on the stock from $55 to $54.
Portfolio Pulse from Benzinga Newsdesk
Air Lease shares are trading lower after the company reported worse-than-expected Q2 revenue results. Additionally, Barclays lowered its price target on the stock from $55 to $54.
August 02, 2024 | 2:28 pm
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NEGATIVE IMPACT
Air Lease shares are trading lower due to disappointing Q2 revenue results and a price target cut by Barclays from $55 to $54.
The combination of worse-than-expected Q2 revenue results and a lowered price target by Barclays is likely to negatively impact Air Lease's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100