Republic Airways Has Most Upside To Dahlman Rose PT

Dahlman Rose reports that Republic Airways Holdings, Inc. (NASDAQ: RJET) has the most upside to its price target of $12.25.

“Frontier has outperformed expectations in 2010,” Dahlman Rose writes. “In 2011, we are estimating $1.17 per share for Republic Airways EPS, assuming $0.97 per share in fixed fee and $0.20 per share from Frontier.”

Republic Airways currently trades at $7.56.