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Why Bank Of America Now Thinks Virgin America Is A Buy
Tuesday, August 4, 2015 - 1:11pm | 301In a report issued Tuesday, Bank of America Merrill Lynch analyst Andrew G. Didora upgraded his rating on Virgin America Inc (NASDAQ: VA) from Underperform to Buy and raised his price target from $32.00 to $41.00 on robust revenue outperformance. According to the note, the company has...
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BofA Downgrades American Airlines On 'Further' Capacity Risk
Wednesday, June 3, 2015 - 10:13am | 199In a report published Wednesday, Bank of America Merrill Lynch analyst Andrew G. Didora downgraded the rating on American Airlines Group Inc (NASDAQ: AAL) from Buy to Neutral, while lowering the price target from $64 to $50. "AAL is the most exposed to the capacity concerns that have arisen of late...
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Bank Of America Sees Equity Raise Reduce Debt, Provide Dry Powder For Pebblebrook Hotel Trust
Friday, September 5, 2014 - 7:58am | 151In a report published Friday, Bank of America analyst Andrew G. Didora reiterated a Buy rating and $41.00 price target on Pebblebrook Hotel Trust (NYSE: PEB). In the report, Bank of America noted, “PEB's recent 3M share (ex-450K greenshoe) equity raise for gross proceeds of $114.5M ($38.15 per...
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UPDATE: Bank of America Downgrades DiamondRock Hospitality on Relative Valuation
Wednesday, March 12, 2014 - 8:57am | 142In a report published Wednesday, Bank of America analyst Andrew G. Didora downgraded the rating on DiamondRock Hospitality (NYSE: DRH) from Neutral to Underperform, but reiterated the $13.00 price target. In the report, Bank of America noted, “While DRH should benefit from recent renovations and...
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UPDATE: Bank of America Reiterates On Ashford Hospitality Trust Following Announcement Of Asset Management Business Spin-Off
Monday, March 3, 2014 - 11:31am | 159In a report published Monday, Bank of America analyst Andrew G. Didora reiterated a Buy rating on Ashford Hospitality Trust (NYSE: AHT), and raised the price target from $10.50 to $12.50. In the report, Bank of America noted, “Following AHT's announcement that its Board of Directors has approved a...
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UPDATE: Bank of America Reiterates on FelCor Lodging Trust on Lowered 2014 EBITDA Estimate
Wednesday, February 26, 2014 - 9:32am | 137In a report published Wednesday, Bank of America analyst Andrew G. Didora reiterated an Underperform rating on FelCor Lodging Trust (NYSE: FCH), and raised the price target from $7.00 to $7.50. In the report, Bank of America noted, “We are lowering our 2014 EBITDA estimate to $203M from $220M as...
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UPDATE: Bank of America Initiates Coverage on Ashford Hospitality Trust on Anticipated Value Increase
Wednesday, September 4, 2013 - 10:23am | 128In a report published Wednesday, Bank of America analyst Andrew G. Didora initiated coverage on Ashford Hospitality Trust (NYSE: AHT) with a Buy rating and $14.00 price target. In the report, Bank of America noted, “Ashford Hospitality (ticker AHT) is a self-administered REIT focused on investing...
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UPDATE: Bank of America Initiates Diamond Resorts International at Neutral on Mixed Factors
Tuesday, August 13, 2013 - 9:09am | 138In a report published Tuesday, Bank of America analyst Andrew G. Didora initiated coverage on Diamond Resorts International (NYSE: DRII) with a Neutral rating and $17.00 price target. In the report, Bank of America noted, “Diamond Resorts (DRII) is a pure play vacation ownership, or ‘timeshare...