Susquehanna raised the firm’s price target on AerCap (AER) to $134 from $130 and keeps a Positive rating on the shares. The firm updated its estimates following Q2 results and they view the company as fundamentally well positioned over the midterm, benefiting from a favorable global supply/demand balance for wide-bodies into end of the decade and a ROIC-enhancing “barbell” approach to managing its portfolio.
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