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Delta Earnings Outlook Better Than Initially Thought, Deutsche Bank Says
Friday, December 18, 2015 - 11:16am | 298Shares of Delta Air Lines, Inc (NYSE: DAL) have been volatile in 2016 and are up 3 percent year-to-date. Deutsch Bank’s Michael Linenberg maintained a Buy rating on the company, while raising the price target from $55 to $68. Delta’s new and ongoing cost cutting initiatives...
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Delta May Buy 49% Of Aeromexico: Does It Make Sense?
Thursday, November 19, 2015 - 9:05am | 299Delta Air Lines, Inc. (NYSE: DAL) shares have been volatile through 2015, and have lost 3 percent year-to-date. Deutsche Bank’s Michael Linenberg maintained a Buy rating for the company, with a price target of $55. Delta’s plans to buy an additional stake in Grupo Aeromexico...
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Republic Airways: What The Labor Pact Means In Wall Street's Eyes
Tuesday, September 29, 2015 - 9:46am | 294Republic Airways Holdings Inc (NASDAQ: RJET) shares have plummeted 46 percent in the last three months. UBS analyst Michael Linenberg upgraded the rating on the company from Hold to Buy, while raising the price target from $5 to $8. The reaching of a TA with the pilots is expected to end...
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Deutsche Bank Upgrades American Airlines, Delta And Copa To Buy
Tuesday, September 1, 2015 - 10:07am | 370Michael Linenberg, Deutsche Bank's analyst that covers the U.S. airline sector, commented in a note that shares of American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and Copa Holdings, S.A. (NYSE: CPA) are all trading at "attractive" entry-points relative...
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Deutsche Bank Downgrades Republic Airways, Slashes Price Target To $9
Monday, July 27, 2015 - 10:31am | 237In a report published Monday, Deutsche Bank analyst Michael Linenberg downgraded the rating on Republic Airways Holdings, Inc. (NASDAQ: RJET) from Buy to Hold, while lowering the price target from $15 to $9, following the uncertain and lowered earnings outlook of the company. The company is...
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Deutsche Bank And Morgan Stanley Preview Airliners
Monday, July 13, 2015 - 10:59am | 525As earnings season kicks in to high gear, analysts at Deutsche Bank and Morgan Stanley offered their thoughts and expectations for the airline sector. Deutsche Bank: Will Investors Notice Record Quarter? Michael Linenberg of Deutsche Bank commented in a note on Sunday that the U.S. airline...
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Airline PRASM Fell 3.9% Last Month; What's It Mean For Investors?
Wednesday, May 20, 2015 - 12:42pm | 408Airline stocks fell Wednesday following news that passenger unit revenue (PRASM) fell 3.9 percent in April. JetBlue Airways Corporation (NASDAQ: JBLU), Southwest Airlines Co (NYSE: LUV), Alaska Air Group, Inc. (NYSE: ALK), Delta Air Lines, Inc. (NYSE: DAL), United Continental Holdings Inc (NYSE...
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Is It Time To Lower Expectations For Airlines?
Wednesday, April 1, 2015 - 10:05am | 345In a report published Wednesday, Deutsche Bank analyst Michael Linenberg downgraded shares of American Airlines Group (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and United Continental Holdings Inc (NYSE: UAL) given the view that international sales will be a source of earnings...
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Deutsche Bank Reiterates On Delta Air Lines
Tuesday, January 20, 2015 - 6:06pm | 213Deutsche Bank commented on Delta Air Lines, Inc. (NYSE: DAL) following its Q4 earnings results. The firm reiterated its Buy rating and $60 price target. Analyst Michael Linenberg noted that “Delta reported a 87 percent increase in Dec Q pretax income to $1 bb, contributing to a full year...
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After Virgin America's 14% Gain, Keep An Eye On These 3 Stocks
Wednesday, December 24, 2014 - 3:55pm | 344Virgin America Inc (NASDAQ: VA), the famed low-cost U.S. airline, had quite a day on December 24 following six new positive analyst ratings from Cowen & Company, Deutsche Bank, Bank of America, Raymond James, Imperial Capital and Barclays. The price target from Deutsche Bank's Michael...
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Deutsche Bank Initiates Coverage On Virgin America, Calls It 'A Unique Low Cost Carrier'
Wednesday, December 24, 2014 - 8:54am | 144Michael Linenberg of Deutsche Bank initiated coverage of Virgin America Inc (NASDAQ: VA) on Wednesday with a Buy rating and $44 price target as shares are an “attractive” way to gain exposure to the U.S. domestic market. According to Linenberg, Virgin America offers investors a compelling story as...
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Deutsche Bank Sees Clear Skies For Airlines In 2015
Tuesday, December 16, 2014 - 8:32am | 293Deutsche Bank issued an update on the airline industry. Analysts led by Michael Linenberg commented that as “the industry closes its books on a year which is expected to result in a record profit, we see 2015 shaping up to be an even stronger year and believe that airlines will continue to...
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Deutsche Bank Comments On October Airline PRASM
Tuesday, November 25, 2014 - 11:35am | 173Deutsche Bank issued an Airlines Alert Monday and noted that October PRASM increased 1.9 percent year-over-year. Analysts led by Michael Linenberg cited that “Airlines for America (“A4A”) reported that the industry’s consolidated passenger unit revenue ("PRASM...
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Deutsche Bank: Copa Holdings Can't Beat Venezuela Headwinds
Monday, November 24, 2014 - 2:27pm | 287Copa Holdings, S.A.'s (NYSE: CPA) profit margin will continue to narrow as a result of difficult operating conditions in Venezuela, an analyst said Monday. Deutsche Bank's Michael Linenberg cut his rating on the company to Hold, from Buy, saying the shares are fully valued. Copa...
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Deutsche Bank Raises JetBlue Price Target
Thursday, November 20, 2014 - 10:38am | 276Deutsche Bank changed its forecast on JetBlue Airways Corporation (NASDAQ: JBLU) Wednesday after attending the company’s analyst day. The firm raised its price target from $13 to $17 and maintained a Buy rating. Analyst Michael Linenberg noted that “JetBlue’s management...