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Bank Of America Downgrades Southwest Airlines Amid Boeing Concerns
Wednesday, January 8, 2020 - 1:56pm | 347Read More...Bank of America analysts turned bullish on Southwest Airlines Co (NYSE: LUV) last September, but this call has proven to be too early. The Analyst Andrew Didora downgraded Southwest from Buy to Neutral with a price target lowered from $65 to $60. The Thesis The case for turning bullish on Southwest...
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Delta's Mixed Earnings: CEO, Analysts Speak Up
Friday, October 11, 2019 - 11:25am | 586Read More...Delta Air Lines, Inc. (NYSE: DAL) shares took a hit Thursday following the company’s third-quarter earnings report. Despite beating consensus earnings numbers in the third quarter, Delta’s fourth-quarter guidance disappointed the market due to up to a 5% anticipated rise in costs. Delta...
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Spirit Airlines Lifts Q4 Guidance: The Sell-Side Reacts
Tuesday, November 27, 2018 - 12:35pm | 684Read More...Spirit Airlines Incorporated (NYSE: SAVE) said Monday that it expects its total revenue per available seat mile, or RASM, to rise around 11 percent in the fourth quarter —nearly double its initial guidance of 6 percent. Raymond James, Bank of America Merrill Lynch and JPMorgan issued notes in...
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3 Airlines Bank of America Expects To Fly Higher In 2018
Tuesday, January 9, 2018 - 2:56pm | 512Read More...The federal tax cut is giving corporations a little extra cash to work with, and Bank of America Merrill Lynch said airlines could take advantage of their clients’ expanded spending power. The Rating BofA Merrill Lynch analysts Andrew Didora and Emma Young upgraded American Airlines...
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Delta, Southwest Airlines Could Gain Altitude In The Second Half Of 2017
Thursday, June 29, 2017 - 9:40am | 306Read More...There's a lot to like going forward with Delta Air Lines, Inc. (NYSE: DAL) and Southwest Airlines Airlines Co (NYSE: LUV), according to Bank of America analyst Andrew Didora. “We estimate core industry RASM (ex-Easter shift) can remain steady through year end, but 3Q will likely be better...
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Higher Fuel Costs For Alaska Air Offset By Top-Line Improvement
Friday, October 21, 2016 - 5:06pm | 378Read More...Reviewing the third-quarter results of Alaska Air Group, Inc. (NYSE: ALK), Bank of America Merrill Lynch said it is only making modest changes to its model, as higher fuel costs would be offset by higher 2017 capacity than it previously expected and sequential revenue improvement. Analyst Andrew...
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BofA Expects American Airlines EPS Under Consensus, Trims Price Target
Monday, July 13, 2015 - 3:26pm | 349Read More...In a report published Monday, Bank of America analyst Andrew Didora previewed American Airlines Group Inc (NASDAQ: AAL)'s second quarter results. American Airlines is scheduled to report its second quarter results on July 23 before market open. Estimize, the crowd sourced earnings and...
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Bank Of America: How To Play Airlines Following 'Unexpected' DOJ Probe
Thursday, July 2, 2015 - 1:02pm | 451Read More...In a report released on Thursday from Bank of America, analyst Andrew Didora assesses how the Department of Justice’s recent antitrust investigation against U.S. airline carriers could impact the airline sector. The purpose of the DoJ’s probe is to determine whether airline carriers...
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UPDATE: Bank of America Upgrades Strategic Hotels and Resorts on Highest Quality Portfolio
Monday, January 13, 2014 - 9:45am | 228Read More...In a report published Monday, Bank of America Merrill Lynch analyst Andrew Didora upgraded Strategic Hotels and Resorts, Inc. (NYSE: BEE) to Buy from Underperform, raising its price objective to $11.50 from $8.00. According to the report, it is believed that BEE has the highest quality portfolio...
