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The 'Poorly Understood' Story Of American Airlines; Is There 40% Upside Potential?
Monday, July 31, 2017 - 10:08am | 342Read More...After posting a slight earnings beat for the second quarter, American Airlines Group Inc (NASDAQ: AAL) has further upside ahead, according to Buckingham Research Group analyst Daniel McKenzie. McKenzie reiterated a Buy rating on the stock and raised his price target from $68 to $70, a 40 percent...
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Here's What Grounded JetBlue's Rating At Buckingham
Wednesday, July 26, 2017 - 12:15pm | 369Read More...Analysts at Buckingham Research Group no longer hold a bullish rating on JetBlue Airways Corporation (NASDAQ: JBLU) due to the ongoing negotiations between pilots and management and competitive concerns. Daniel McKenzie downgraded JetBlue's stock from Buy to Neutral with a price target lowered...
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United Airlines' Q2 Earnings Fly Over Estimates, But Q3 Forecast Downs Stock
Wednesday, July 19, 2017 - 2:12pm | 425Read More...United Continental Holdings Inc (NYSE: UAL) has had quite the year from a PR perspective, facing some difficult highly public incidents that appeared to tarnish the brand, if not only temporary. These PR disasters didn't stop the airline from delivering a significant second-quarter earnings...
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Copa Holdings Management Has A Credible Plan To Boost Margins: Buckingham
Monday, September 26, 2016 - 2:28pm | 278Read More...Buckingham sees potential 30 percent upside in Copa Holdings, S.A. (NYSE: CPA) shares as it reiterated its Buy rating and raised its price target to $116 from $92 on prospects for strong margin growth. At its investor day, the company said revenue and cost initiatives will likely contribute 4-5...
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American Airlines Sees Brexit Effect Limited; Buckingham Research Ups Price Target
Monday, July 25, 2016 - 3:52pm | 418Read More...Although immediately after the Brexit vote, Buckingham Research trimmed its 2017 revenue estimate for American Airlines Group Inc (NASDAQ: AAL) by $1 billion, the firm noted that management sees limited impact from the development, ex-forex. This has led the firm to raising its valuation multiple...
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American Airlines Book Value Rising Faster Than Its Debt, Says Buckingham
Friday, July 15, 2016 - 10:23am | 459Read More...Buckingham Research said the book value of American Airlines Group Inc (NASDAQ: AAL) is rising faster than its debt, as the firm maintained its Buy rating on the stock. Recent Performance And Expectations "AAL has adopted a deliberate strategy of using aircraft financing, resulting in higher...
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Wall Street Firm Bullish On Airlines, Ups Estimates And Price Targets
Wednesday, April 13, 2016 - 4:10pm | 359Read More...Most airline stocks have had a rough go of it so far in 2016, but Buckingham Research Group analyst Daniel McKenzie believes things are looking up for Q1 earnings season. Buckingham has raised its Q1 earnings estimates for JetBlue Airways Corporation (NASDAQ: JBLU) and Delta Air Lines, Inc. (NYSE...
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This Math Says Spirit Airlines Has 44% Upside
Friday, March 25, 2016 - 2:17pm | 293Read More...In a new report, Buckingham analyst Daniel McKenzie discusses the firm’s bullish outlook for Spirit Airlines Incorporated (NASDAQ: SAVE). According to McKenzie, the airliner’s “very good” Q1 is no fluke. After meeting with company management, Buckingham is convinced that...
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JetBlue Seen As The 'Only' Logical Acquirer Of Virgin America, May Be Forced Into Deal
Thursday, March 24, 2016 - 1:43pm | 297Read More...Reports that Virgin America Inc (NASDAQ: VA) is considering buyout offers sent the stock soaring in Wednesday’s trading session. Although the identities of potential buyers have not been revealed, Buckingham analyst Daniel McKenzie sees JetBlue Airways Corporation (NASDAQ: JBLU) as the only...
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Airline February Traffic Data: What To Know
Thursday, March 3, 2016 - 2:45pm | 396Read More...Delta Air Lines, Inc. (NYSE: DAL) has reported year-over-year (Y/Y) February traffic growth of 5.3 percent on a capacity increase of 6.0 percent. In a press release, Delta emphasized the strong environment for airlines. “Across all entities, booking trends into the peak leisure season are...
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Buckingham Sees 36% Upside in Virgin America
Monday, February 8, 2016 - 1:22pm | 378Read More...Buckingham Research slashed its price target and fourth-quarter earnings outlook Virgin America Inc (NASDAQ: VA) on the back of its recently released cost per available seat miles (CASM) outlook. However, the brokerage sees 36 percent upside on the stock, driven by the airline’s...
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Buckingham Maintains Buy On U.S. Airliners After Conference With Industry Giants
Thursday, December 17, 2015 - 2:39pm | 472Read More...Buckingham Research Group remains bullish on U.S. airlines following its recent airline conference. Despite weak December demand, the firm sees plenty of positive 2016 catalysts ahead. Buckingham named American Airlines Group Inc (NASDAQ: AAL) as its top stock pick. Buckingham Research group...
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Buckingham Research: Southwest Has 31% Upside
Tuesday, December 15, 2015 - 3:20pm | 357Read More...Shares of Southwest Airlines Co (NYSE: LUV) have gained nearly 30 percent over the past six months. Despite the strong recent gains, Daniel McKenzie maintained a Buy rating and $57 price target on Southwest's stock. The analyst offered several catalysts that can result in earnings per share upside...
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United Has 75% Upside, Buckingham Research Says
Friday, October 23, 2015 - 11:09am | 284Read More...Shares of United Continental Holdings Inc (NYSE: UAL) have declined 11.96 percent, touching a low of $50.78 on October 6. Daniel McKenzie of The Buckingham Research Group has maintained a Buy rating and price target of $98 on the company. McKenzie believes that the stock has 75 percent...
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Spirit Airlines Has 70% Upside, Says Buckingham's McKenzie
Tuesday, October 20, 2015 - 2:24pm | 317Read More...Spirit Airlines Incorporated (NASDAQ: SAVE) shares are down 42 percent year-to-date, after trading above the $80 mark in February. Buckingham's Daniel McKenzie maintained a Buy rating on the company, while reducing the price target from $90 to $72. Spirit’s shares plunged 15...
