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Morgan Stanley Upgrades Southwest; Sees Better Value In Alaska Air, Delta
Thursday, January 7, 2016 - 11:05am | 293Read More...Southwest Airlines Co (NYSE: LUV) shares have plunged 13 percent since December 8. Morgan Stanley’s Rajeev Lalwani upgraded the rating for the company to Equal-Weight, while raising the price target from $50 to $51. The recent pullback and expectations for improvements call for the...
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Morgan Stanley Downgrades Spirit Air As Stock Is Now 'Less Compelling'
Friday, October 16, 2015 - 8:21am | 304Read More...Shares of Spirit Airlines Incorporated (NASDAQ: SAVE) have declined 34.5 percent year-to-date, touching a low of $46.95 on September 29. Morgan Stanley’s Rajeev Lalwani has downgraded the company from Overweight to Equal-weight, while lowering the price target from $66 to $53....
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A Basket Of Airline Stocks Expected To Beat The Rest
Friday, August 14, 2015 - 9:21am | 579Read More...In a report published Friday, Morgan Stanley analyst Rajeev Lalwani stated that the risk-reward profile for U.S. Airliners has improved recently due to the "precipitous" fall in fuel prices and lowered investor expectations. According to Lalwani, 2016 consensus estimates for the U.S....
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Airline Survey Results Are In: Negative EPS Revisions Might Have Bottomed
Wednesday, August 12, 2015 - 7:55am | 342Read More...In the firm's Airline Question of the Week, Morgan Stanley's Rajeev Lalwani asked readers whether negative airline earnings per share revisions have bottomed across the industry. The overwhelming response: Yes, as just 9 percent of respondents said that negative EPS revisions have not...
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Survey Results Are In: American Airlines Not Expected To Experience An Integration Setback
Wednesday, August 5, 2015 - 8:14am | 430Read More...In a report published Wednesday, Morgan Stanley analyst Rajeev Lalwani discussed results of a survey in which trading and investment pros were asked if American Airlines Group Inc (NASDAQ: AAL) will experience a "major, stock impacting integration setback" this year. According to the...
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Morgan Stanley Is Not Backing Down On Airlines. Should You?
Tuesday, August 4, 2015 - 8:34am | 722Read More...In a report published Tuesday, Morgan Stanley analyst Rajeev Lalwani commented on the U.S. airline sector, noting that the recent drop in fuel prices is offsetting what would have been "large" downward revisions to his earnings estimates. According to Lalwani, PRASM (passenger revenue...
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Will Airline Stocks Only Work In High Oil?
Wednesday, July 15, 2015 - 8:15am | 354Read More...Morgan Stanley's Rajeev Lalwani analyzed airline stocks under the context of lower oil prices. In the firm's Question of the Week, Lalwani asked: "What do you prefer (A) low oil, limited capacity discipline, and higher profits or (B) high oil, increased capacity discipline, and...
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Deutsche Bank And Morgan Stanley Preview Airliners
Monday, July 13, 2015 - 10:59am | 525Read More...As 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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Morgan Stanley Prefers Delta, United, Alaska Air And Spirit Over Other Airliners
Tuesday, June 23, 2015 - 11:41am | 506Read More...A new report by Morgan Stanley analyst Rajeev Lalwani focuses on the firm’s bullish outlook for the airline industry. Morgan Stanley sees strong fundamentals in the space and believes that patient airline investors will be rewarded as the current cycle plays out. In addition, Morgan...
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UPDATE: Morgan Stanley Reiterates On ITC Holdings Corp. Following Management Meeting
Thursday, September 4, 2014 - 8:12am | 134Read More...In a report published Thursday, Morgan Stanley analyst Rajeev Lalwani reiterated an Overweight rating on ITC Holdings Corp. (NYSE: ITC), and raised the price target from $39.00 to $41.00. In the report, Morgan Stanley noted, “Ahead of a competitor conference ITC hosted a dinner that we believe was...
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UPDATE: Morgan Stanley Reiterates On Pinnacle West Capital Ahead Of Primary Elections
Tuesday, August 26, 2014 - 9:18am | 216Read More...In a report published Tuesday, Morgan Stanley analyst Rajeev Lalwani reiterated an Equal-Weight rating on Pinnacle West Capital (NYSE: PNW), and raised the price target from $56.00 to $58.00. In the report, Morgan Stanley noted, “Shares are likely to be active based on tonight's Arizona Commission...
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UPDATE: Morgan Stanley Reiterates On PG&E On Proposed Rate Decision
Thursday, June 19, 2014 - 9:07am | 129Read More...In a report published Thursday, Morgan Stanley analyst Rajeev Lalwani reiterated an Overweight rating on PG&E (NYSE: PCG), but removed the $53.00 price target. In the report, Morgan Stanley “After the close yesterday, the California Commission issued a Proposed Decision (PD) in PCG's pending...
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Morgan Stanley Expects ROE Policy Clarity For ITC Holdings
Wednesday, June 18, 2014 - 9:41am | 136Read More...In a report published Wednesday, Morgan Stanley analyst Rajeev Lalwani reiterated an Overweight rating and $44.00 price target on ITC Holdings (NYSE: ITC). In the report, Morgan Stanley noted, “The forum through which FERC addresses the ROE question remains unknown, but between both written orders...
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UPDATE: Morgan Stanley Reiterates on ITC Holdings on Surprising Growth Upside
Wednesday, April 16, 2014 - 10:28am | 186Read More...In a report published Wednesday, Morgan Stanley analyst Rajeev Lalwani reiterated an Overweight rating on ITC Holdings (NYSE: ITC), and raised the price target from $38.00 to $44.00. In the report, Morgan Stanley noted, “Upside to growth was surprising, which could be as high as 16% per year. We...
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UPDATE: Morgan Stanley Reiterates on Sempra Energy Following Analyst Day
Friday, March 28, 2014 - 9:17am | 151Read More...In a report published Friday, Morgan Stanley analyst Rajeev Lalwani reiterated an Overweight rating on Sempra Energy (NYSE: SRE), but removed the $102.00 price target. In the report, Morgan Stanley noted, “We remain comfortable with our Overweight rating following yesterday's analyst day that...
