TD Cowen lowered the firm’s price target on AerCap to $80 from $90 and keeps an Outperform rating on the shares. The firm noted they reported record 3Qresults and raised guidance for 4Q and full year 2023. Year-to-date the company repurchased $2.65 billion of shares or 14.8% of its outstanding shares.
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Read More on AER:
- AerCap raises FY23 adjusted EPS view to $9.50, guidance $10.15
- AerCap reports Q3 EPS $2.81, consensus $2.73
- AER Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- AerCap announces new lease agreement with Turkish Airlines
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